VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Sees Significant Growth in Short Interest

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 5,600 shares, an increase of 250.0% from the May 31st total of 1,600 shares. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is presently 0.9 days.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

VictoryShares US Small Mid Cap Value Momentum ETF stock traded up $0.62 during trading hours on Friday, hitting $77.71. 5,036 shares of the stock traded hands, compared to its average volume of 8,963. The firm’s 50 day moving average price is $77.93 and its 200-day moving average price is $76.00. The stock has a market capitalization of $225.36 million, a price-to-earnings ratio of 11.30 and a beta of 1.11. VictoryShares US Small Mid Cap Value Momentum ETF has a 1 year low of $60.66 and a 1 year high of $80.39.

VictoryShares US Small Mid Cap Value Momentum ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 13th. Stockholders of record on Wednesday, June 12th were issued a $0.0944 dividend. The ex-dividend date of this dividend was Wednesday, June 12th. This represents a $1.13 annualized dividend and a dividend yield of 1.46%.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.