VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Sees Large Increase in Short Interest

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a large growth in short interest during the month of November. As of November 30th, there was short interest totalling 30,200 shares, a growth of 36.0% from the November 15th total of 22,200 shares. Based on an average daily volume of 103,700 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Fortitude Family Office LLC purchased a new stake in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at $91,000. Octavia Wealth Advisors LLC purchased a new stake in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at about $221,000. Burt Wealth Advisors increased its stake in shares of VictoryShares Short-Term Bond ETF by 5.3% during the 3rd quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock valued at $356,000 after acquiring an additional 350 shares during the last quarter. Private Client Services LLC purchased a new position in shares of VictoryShares Short-Term Bond ETF during the 3rd quarter worth about $404,000. Finally, Squire Investment Management Company LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF in the third quarter worth approximately $431,000.

VictoryShares Short-Term Bond ETF Stock Performance

NASDAQ:USTB opened at $50.16 on Friday. VictoryShares Short-Term Bond ETF has a 12-month low of $49.25 and a 12-month high of $50.92. The company’s 50-day moving average is $50.40 and its two-hundred day moving average is $50.31.

VictoryShares Short-Term Bond ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, December 12th were given a dividend of $0.3598 per share. The ex-dividend date was Thursday, December 12th.

VictoryShares Short-Term Bond ETF Company Profile

The Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three years or less. USTB was launched on Oct 24, 2017 and is managed by VictoryShares.