Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Decreases By 52.6%

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a large decline in short interest in September. As of September 15th, there was short interest totaling 18,800 shares, a decline of 52.6% from the August 31st total of 39,700 shares. Based on an average daily volume of 162,300 shares, the short-interest ratio is presently 0.1 days. Based on an average daily volume of 162,300 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On VictoryShares Short-Term Bond ETF

Large investors have recently added to or reduced their stakes in the stock. Parallel Advisors LLC purchased a new position in VictoryShares Short-Term Bond ETF during the second quarter valued at $202,000. American Trust acquired a new position in shares of VictoryShares Short-Term Bond ETF during the 2nd quarter worth about $203,000. Axis Wealth Partners LLC lifted its stake in VictoryShares Short-Term Bond ETF by 19.8% in the 1st quarter. Axis Wealth Partners LLC now owns 4,895 shares of the company’s stock valued at $248,000 after buying an additional 810 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new stake in VictoryShares Short-Term Bond ETF in the 1st quarter worth about $286,000. Finally, Stratos Investment Management LLC purchased a new stake in VictoryShares Short-Term Bond ETF during the 1st quarter worth approximately $358,000.

VictoryShares Short-Term Bond ETF Stock Performance

Shares of USTB stock opened at $51.03 on Friday. VictoryShares Short-Term Bond ETF has a 12-month low of $50.02 and a 12-month high of $51.12. The business’s 50 day moving average is $50.89 and its two-hundred day moving average is $50.67.

VictoryShares Short-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, September 8th were paid a $0.1881 dividend. The ex-dividend date of this dividend was Monday, September 8th. This represents a c) dividend on an annualized basis and a yield of 4.4%.

About VictoryShares Short-Term Bond ETF

The Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three years or less. USTB was launched on Oct 24, 2017 and is managed by VictoryShares.