VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Stock Short Interest Rises 83.6%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 24,029 shares, an increase of 83.6% from the September 15th total of 13,090 shares. Based on an average trading volume of 274,797 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Bogart Wealth LLC boosted its stake in VictoryShares Core Intermediate Bond ETF by 3.6% in the 1st quarter. Bogart Wealth LLC now owns 2,060,745 shares of the company’s stock worth $96,890,000 after purchasing an additional 70,918 shares during the period. Bank of America Corp DE boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 6.2% during the 1st quarter. Bank of America Corp DE now owns 1,396,762 shares of the company’s stock valued at $65,672,000 after purchasing an additional 82,026 shares during the last quarter. Calamos Advisors LLC increased its holdings in shares of VictoryShares Core Intermediate Bond ETF by 2,378.1% in the first quarter. Calamos Advisors LLC now owns 1,333,192 shares of the company’s stock worth $62,683,000 after purchasing an additional 1,279,392 shares during the last quarter. Cetera Investment Advisers boosted its stake in VictoryShares Core Intermediate Bond ETF by 7.7% during the first quarter. Cetera Investment Advisers now owns 1,283,225 shares of the company’s stock valued at $60,333,000 after buying an additional 92,074 shares during the last quarter. Finally, Calamos Wealth Management LLC boosted its stake in VictoryShares Core Intermediate Bond ETF by 11.4% during the first quarter. Calamos Wealth Management LLC now owns 1,273,569 shares of the company’s stock valued at $59,879,000 after buying an additional 130,642 shares during the last quarter.

VictoryShares Core Intermediate Bond ETF Price Performance

Shares of NASDAQ:UITB opened at $44.76 on Thursday. The stock’s 50-day simple moving average is $45.54 and its two-hundred day simple moving average is $46.29. VictoryShares Core Intermediate Bond ETF has a 52-week low of $44.48 and a 52-week high of $48.06.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were given a dividend of $0.1861 per share. This represents a $2.23 annualized dividend and a yield of 5.0%. This is a positive change from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.1657. The ex-dividend date was Thursday, October 8th.

About VictoryShares Core Intermediate Bond ETF

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.