VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Up 105.7% in December

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 37,885 shares, an increase of 105.7% from the November 30th total of 18,417 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 141,892 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 141,892 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. Victory Capital Management Inc. raised its stake in shares of VictoryShares Short-Term Bond ETF by 0.4% during the 3rd quarter. Victory Capital Management Inc. now owns 5,331,308 shares of the company’s stock worth $271,843,000 after purchasing an additional 20,000 shares in the last quarter. Merit Financial Group LLC raised its position in VictoryShares Short-Term Bond ETF by 5,778.3% during the third quarter. Merit Financial Group LLC now owns 2,430,797 shares of the company’s stock worth $123,946,000 after acquiring an additional 2,389,445 shares in the last quarter. Bank of America Corp DE raised its position in VictoryShares Short-Term Bond ETF by 6.8% during the third quarter. Bank of America Corp DE now owns 1,390,580 shares of the company’s stock worth $70,906,000 after acquiring an additional 88,108 shares in the last quarter. Amplius Wealth Advisors LLC lifted its stake in VictoryShares Short-Term Bond ETF by 13.4% in the third quarter. Amplius Wealth Advisors LLC now owns 762,893 shares of the company’s stock valued at $38,900,000 after acquiring an additional 90,135 shares during the last quarter. Finally, Stonebridge Financial Group LLC grew its position in shares of VictoryShares Short-Term Bond ETF by 25.7% in the 3rd quarter. Stonebridge Financial Group LLC now owns 692,506 shares of the company’s stock valued at $35,311,000 after acquiring an additional 141,511 shares during the period.

VictoryShares Short-Term Bond ETF Price Performance

Shares of NASDAQ:USTB opened at $50.80 on Friday. The company’s 50-day moving average price is $50.89 and its two-hundred day moving average price is $50.84. VictoryShares Short-Term Bond ETF has a one year low of $50.06 and a one year high of $51.12.

VictoryShares Short-Term Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were issued a dividend of $0.3625 per share. The ex-dividend date was Thursday, December 11th. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.18. This represents a c) annualized dividend and a yield of 8.6%.

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.