VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Update

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 52,400 shares, an increase of 73.5% from the November 30th total of 30,200 shares. Based on an average daily trading volume, of 103,500 shares, the short-interest ratio is currently 0.5 days.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB remained flat at $50.13 during trading hours on Friday. The stock had a trading volume of 125,444 shares, compared to its average volume of 79,175. VictoryShares Short-Term Bond ETF has a 1 year low of $49.29 and a 1 year high of $50.92. The company’s 50-day moving average is $50.32 and its 200 day moving average is $50.34.

VictoryShares Short-Term Bond ETF Announces Dividend

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

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the stock. Daymark Wealth Partners LLC lifted its stake in shares of VictoryShares Short-Term Bond ETF by 2.2% in the 2nd quarter. Daymark Wealth Partners LLC now owns 14,432 shares of the company’s stock valued at $719,000 after purchasing an additional 305 shares during the period. Burt Wealth Advisors lifted its position in VictoryShares Short-Term Bond ETF by 5.3% during the third quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock valued at $356,000 after buying an additional 350 shares during the period. Orion Portfolio Solutions LLC lifted its position in VictoryShares Short-Term Bond ETF by 1.1% during the third quarter. Orion Portfolio Solutions LLC now owns 36,845 shares of the company’s stock valued at $1,872,000 after buying an additional 401 shares during the period. Comprehensive Wealth Management LLC boosted its holdings in shares of VictoryShares Short-Term Bond ETF by 6.9% during the 3rd quarter. Comprehensive Wealth Management LLC now owns 11,883 shares of the company’s stock valued at $604,000 after buying an additional 762 shares in the last quarter. Finally, Aspire Wealth Management Corp grew its position in shares of VictoryShares Short-Term Bond ETF by 11.4% in the 3rd quarter. Aspire Wealth Management Corp now owns 8,757 shares of the company’s stock worth $445,000 after buying an additional 897 shares during the period.

About VictoryShares Short-Term Bond ETF

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.