VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Large Increase in Short Interest

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 160,700 shares, a growth of 422.8% from the April 30th total of 30,738 shares. Based on an average daily trading volume, of 114,608 shares, the short-interest ratio is presently 1.4 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Several institutional investors have recently made changes to their positions in the stock. Allen Capital Group LLC grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 8.2% during the 1st quarter. Allen Capital Group LLC now owns 1,113,941 shares of the company’s stock valued at $52,374,000 after buying an additional 84,462 shares during the period. Western Wealth Management LLC purchased a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 1st quarter valued at $81,000. Bank of America Corp DE grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 6.2% during the 1st quarter. Bank of America Corp DE now owns 1,396,762 shares of the company’s stock valued at $65,672,000 after buying an additional 82,026 shares during the period. Royal Bank of Canada grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 1.0% during the 1st quarter. Royal Bank of Canada now owns 151,408 shares of the company’s stock valued at $7,119,000 after buying an additional 1,542 shares during the period. Finally, Cetera Investment Advisers grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 7.7% during the 1st quarter. Cetera Investment Advisers now owns 1,283,225 shares of the company’s stock valued at $60,333,000 after buying an additional 92,074 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Up 0.2%

Shares of NASDAQ UITB traded up $0.09 during trading on Thursday, hitting $46.81. 71,960 shares of the company traded hands, compared to its average volume of 188,905. VictoryShares Core Intermediate Bond ETF has a 1 year low of $46.12 and a 1 year high of $48.06. The company has a 50-day moving average price of $46.88 and a 200-day moving average price of $47.28.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were paid a dividend of $0.1628 per share. The ex-dividend date of this dividend was Friday, May 8th.

VictoryShares Core Intermediate Bond ETF Company Profile

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.