VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a large decline in short interest in June. As of June 30th, there was short interest totaling 809 shares, a decline of 72.2% from the June 15th total of 2,906 shares. Based on an average trading volume of 4,377 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Performance

Shares of NASDAQ VSMV traded up $0.26 during mid-day trading on Monday, reaching $60.15. The company had a trading volume of 3,646 shares, compared to its average volume of 5,939. VictoryShares US Multi-Factor Minimum Volatility ETF has a twelve month low of $48.71 and a twelve month high of $60.91. The stock’s 50 day moving average is $59.69 and its 200-day moving average is $58.11. The stock has a market capitalization of $156.39 million, a PE ratio of 18.64 and a beta of 0.69.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a $0.0591 dividend. This represents a c) annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Thursday, July 9th.

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

Several institutional investors have recently made changes to their positions in VSMV. Rockefeller Capital Management L.P. acquired a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter worth approximately $64,000. Global Retirement Partners LLC raised its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 8.4% during the fourth quarter. Global Retirement Partners LLC now owns 2,917 shares of the company’s stock valued at $161,000 after acquiring an additional 226 shares in the last quarter. Valley Financial Group Inc. acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the third quarter valued at approximately $206,000. Lindenwold Advisors INC lifted its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 29.2% in the third quarter. Lindenwold Advisors INC now owns 6,786 shares of the company’s stock valued at $364,000 after acquiring an additional 1,534 shares during the last quarter. Finally, Truist Financial Corp grew its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 37.3% in the fourth quarter. Truist Financial Corp now owns 8,329 shares of the company’s stock worth $460,000 after acquiring an additional 2,262 shares in the last quarter.

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. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.