VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Down 86.4% in May

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 21,931 shares, a decrease of 86.4% from the May 14th total of 160,700 shares. Based on an average daily trading volume, of 209,177 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of UITB. Eagle Bay Advisors LLC acquired a new position in VictoryShares Core Intermediate Bond ETF in the 4th quarter valued at about $27,000. PNC Financial Services Group Inc. bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the third quarter worth approximately $40,000. Motiv8 Investments LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter worth approximately $65,000. Rockefeller Capital Management L.P. increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 46.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,606 shares of the company’s stock worth $76,000 after purchasing an additional 506 shares during the period. Finally, Western Wealth Management LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the first quarter worth approximately $81,000.

VictoryShares Core Intermediate Bond ETF Stock Up 0.2%

UITB traded up $0.09 on Thursday, reaching $46.56. The company had a trading volume of 65,382 shares, compared to its average volume of 182,702. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $46.12 and a fifty-two week high of $48.06. The company’s fifty day moving average is $46.85 and its 200 day moving average is $47.23.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were paid a $0.1654 dividend. The ex-dividend date was Tuesday, June 9th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

VictoryShares Core Intermediate Bond ETF Company Profile

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.