VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Significant Increase in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 67,800 shares, a growth of 72.0% from the August 15th total of 39,411 shares. Based on an average daily trading volume, of 224,964 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are sold short.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

Shares of VictoryShares Core Plus Intermediate Bond ETF stock remained flat at $21.00 during trading hours on Wednesday. The stock had a trading volume of 230,501 shares, compared to its average volume of 275,863. The stock has a fifty day moving average of $21.39 and a 200 day moving average of $21.63. VictoryShares Core Plus Intermediate Bond ETF has a 12 month low of $20.97 and a 12 month high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were paid a dividend of $0.0859 per share. This is a boost from VictoryShares Core Plus Intermediate Bond ETF’s previous dividend of $0.08. The ex-dividend date was Wednesday, September 9th.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

A number of institutional investors have recently made changes to their positions in UBND. Victory Capital Management Inc. raised its stake in VictoryShares Core Plus Intermediate Bond ETF by 30.9% during the fourth quarter. Victory Capital Management Inc. now owns 20,358,908 shares of the company’s stock valued at $447,896,000 after buying an additional 4,800,062 shares in the last quarter. Annex Advisory Services LLC lifted its stake in VictoryShares Core Plus Intermediate Bond ETF by 6.9% in the second quarter. Annex Advisory Services LLC now owns 18,906,834 shares of the company’s stock valued at $410,751,000 after buying an additional 1,223,743 shares during the last quarter. Retirement Planning Group LLC increased its holdings in shares of VictoryShares Core Plus Intermediate Bond ETF by 13.1% in the 1st quarter. Retirement Planning Group LLC now owns 7,358,557 shares of the company’s stock worth $160,269,000 after acquiring an additional 853,671 shares during the period. Corient Private Wealth LLC lifted its position in VictoryShares Core Plus Intermediate Bond ETF by 58.8% in the 4th quarter. Corient Private Wealth LLC now owns 950,738 shares of the company’s stock valued at $20,614,000 after purchasing an additional 351,883 shares during the last quarter. Finally, Cahaba Wealth Management Inc. lifted its position in VictoryShares Core Plus Intermediate Bond ETF by 4.0% in the 1st quarter. Cahaba Wealth Management Inc. now owns 8,179,176 shares of the company’s stock valued at $178,142,000 after purchasing an additional 316,424 shares during the last quarter.

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.