Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Increases By 202.6%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 39,411 shares, a growth of 202.6% from the July 30th total of 13,024 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 175,214 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Comerica Bank lifted its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 27.6% during the fourth quarter. Comerica Bank now owns 3,555 shares of the company’s stock worth $78,000 after purchasing an additional 770 shares during the period. Comprehensive Financial Planning Inc. PA acquired a new stake in VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter worth about $25,000. Global Retirement Partners LLC purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter worth approximately $33,000. Integrated Investment Consultants LLC grew its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 6.0% during the fourth quarter. Integrated Investment Consultants LLC now owns 39,596 shares of the company’s stock worth $871,000 after buying an additional 2,257 shares in the last quarter. Finally, Johnson Financial Group Inc. purchased a new position in VictoryShares Core Plus Intermediate Bond ETF during the first quarter worth about $54,000.

VictoryShares Core Plus Intermediate Bond ETF Stock Performance

VictoryShares Core Plus Intermediate Bond ETF stock traded down $0.04 during trading hours on Friday, reaching $21.41. The stock had a trading volume of 147,921 shares, compared to its average volume of 270,551. The business’s 50 day moving average price is $21.52 and its 200-day moving average price is $21.71. VictoryShares Core Plus Intermediate Bond ETF has a 52 week low of $21.34 and a 52 week high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were issued a $0.0819 dividend. The ex-dividend date of this dividend was Friday, August 7th.

About VictoryShares Core Plus Intermediate Bond ETF

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.