VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Down 42.9% in December

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 400 shares, a decline of 42.9% from the December 15th total of 700 shares. Based on an average trading volume of 12,900 shares, the short-interest ratio is currently 0.0 days.

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

Institutional investors and hedge funds have recently modified their holdings of the company. Lindenwold Advisors INC increased its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the third quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after purchasing an additional 275 shares during the period. Jane Street Group LLC acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the third quarter valued at approximately $324,000. Finally, Tower Wealth Partners Inc. increased its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% during the 2nd 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.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

Shares of VSMV stock opened at $48.64 on Thursday. The firm has a market cap of $111.87 million, a P/E ratio of 18.68 and a beta of 0.79. The firm’s 50 day moving average price is $49.19 and its 200-day moving average price is $48.07. VictoryShares US Multi-Factor Minimum Volatility ETF has a one year low of $42.00 and a one year high of $50.71.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were given a dividend of $0.0116 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

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.