Short Interest in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Declines By 82.1%

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totalling 700 shares, a decrease of 82.1% from the November 30th total of 3,900 shares. Based on an average daily volume of 12,700 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

Hedge funds have recently bought and sold shares of the stock. Tower Wealth Partners Inc. increased its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% during the second quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after buying an additional 8,973 shares during the period. Lindenwold Advisors INC grew its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the 3rd quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after acquiring an additional 275 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the 3rd quarter valued at approximately $324,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

Shares of VSMV stock opened at $48.87 on Thursday. The stock has a market capitalization of $131.95 million, a P/E ratio of 18.68 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a fifty-two week low of $41.80 and a fifty-two week high of $50.71. The company has a 50 day moving average price of $49.27 and a 200 day moving average price of $47.77.

VictoryShares US Multi-Factor Minimum Volatility ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, December 12th were paid a $0.1213 dividend. The ex-dividend date was Thursday, December 12th.

About VictoryShares US Multi-Factor Minimum Volatility ETF

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility.