VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 184,313 shares, a growth of 168.1% from the July 15th total of 68,750 shares. Based on an average daily trading volume, of 151,684 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Large investors have recently added to or reduced their stakes in the company. Compass Financial Management LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF in the second quarter worth approximately $669,000. Envision Financial LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 25.8% during the 2nd quarter. Envision Financial LLC now owns 345,285 shares of the company’s stock valued at $16,172,000 after purchasing an additional 70,881 shares during the period. Alliance Wealth Advisors LLC lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 1.5% during the 2nd quarter. Alliance Wealth Advisors LLC now owns 588,561 shares of the company’s stock valued at $27,567,000 after buying an additional 8,838 shares in the last quarter. J. R. Prunier Capital Management LLC lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 37.3% during the 1st quarter. J. R. Prunier Capital Management LLC now owns 61,143 shares of the company’s stock valued at $2,875,000 after buying an additional 16,601 shares in the last quarter. Finally, Pine Valley Investments Ltd Liability Co lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 7.8% during the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 577,056 shares of the company’s stock valued at $27,131,000 after buying an additional 41,638 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Down 0.2%

Shares of UITB stock traded down $0.09 during trading hours on Friday, reaching $46.13. 93,629 shares of the company traded hands, compared to its average volume of 169,699. VictoryShares Core Intermediate Bond ETF has a 12-month low of $46.01 and a 12-month high of $48.06. The firm has a 50-day moving average price of $46.47 and a 200 day moving average price of $46.91.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were issued a $0.1612 dividend. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Friday, August 7th.

About VictoryShares Core Intermediate Bond ETF

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.