VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Up 385.5% in July

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 68,750 shares, a growth of 385.5% from the June 30th total of 14,160 shares. Based on an average daily trading volume, of 125,503 shares, the short-interest ratio is presently 0.5 days. Approximately 0.1% of the company’s shares are short sold.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Hedge funds have recently bought and sold shares of the business. Envision Financial LLC lifted its position in shares of VictoryShares Core Intermediate Bond ETF by 25.8% during the second quarter. Envision Financial LLC now owns 345,285 shares of the company’s stock worth $16,172,000 after purchasing an additional 70,881 shares during the last quarter. Alliance Wealth Advisors LLC grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 1.5% in the second quarter. Alliance Wealth Advisors LLC now owns 588,561 shares of the company’s stock worth $27,567,000 after purchasing an additional 8,838 shares during the last quarter. J. R. Prunier Capital Management LLC grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 37.3% in the first quarter. J. R. Prunier Capital Management LLC now owns 61,143 shares of the company’s stock worth $2,875,000 after purchasing an additional 16,601 shares during the last quarter. Pine Valley Investments Ltd Liability Co grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 7.8% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 577,056 shares of the company’s stock worth $27,131,000 after purchasing an additional 41,638 shares during the last quarter. Finally, Allen Capital Group LLC increased its stake in VictoryShares Core Intermediate Bond ETF by 8.2% in the 1st quarter. Allen Capital Group LLC now owns 1,113,941 shares of the company’s stock worth $52,374,000 after buying an additional 84,462 shares during the period.

VictoryShares Core Intermediate Bond ETF Trading Up 0.1%

Shares of UITB traded up $0.05 during mid-day trading on Friday, reaching $46.13. 255,106 shares of the company’s stock traded hands, compared to its average volume of 172,049. The stock’s 50-day moving average is $46.60 and its two-hundred day moving average is $47.03. VictoryShares Core Intermediate Bond ETF has a 12 month low of $46.03 and a 12 month high of $48.06.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were paid a dividend of $0.18 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.17.

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.