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

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a significant drop in short interest in December. As of December 15th, there was short interest totalling 700 shares, a drop of 94.9% from the November 30th total of 13,800 shares. Based on an average trading volume of 8,100 shares, the short-interest ratio is presently 0.1 days.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

Shares of USVM stock traded down $1.18 during trading hours on Friday, reaching $84.40. 4,963 shares of the stock were exchanged, compared to its average volume of 9,519. The business’s fifty day moving average is $87.85 and its two-hundred day moving average is $83.55. The firm has a market capitalization of $278.52 million, a P/E ratio of 11.30 and a beta of 1.11. VictoryShares US Small Mid Cap Value Momentum ETF has a 12-month low of $70.69 and a 12-month high of $93.41.

VictoryShares US Small Mid Cap Value Momentum ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, December 12th were issued a $0.2723 dividend. The ex-dividend date was Thursday, December 12th.

About VictoryShares US Small Mid Cap Value Momentum ETF

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.