VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 2,845 shares, a growth of 359.6% from the July 15th total of 619 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 6,065 shares, the short-interest ratio is currently 0.5 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

NASDAQ VSMV traded up $0.58 on Thursday, reaching $61.13. The company had a trading volume of 8,317 shares, compared to its average volume of 5,823. The firm has a market capitalization of $158.94 million, a PE ratio of 18.64 and a beta of 0.69. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1 year low of $50.86 and a 1 year high of $61.62. The firm has a 50-day moving average of $59.90 and a 200-day moving average of $58.80.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were given a dividend of $0.0298 per share. The ex-dividend date of this dividend was Friday, August 7th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada increased its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 0.5% during the 1st quarter. Royal Bank of Canada now owns 99,816 shares of the company’s stock worth $4,834,000 after buying an additional 503 shares during the period. Raymond James Financial Inc. boosted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 1.6% in the 2nd quarter. Raymond James Financial Inc. now owns 52,626 shares of the company’s stock valued at $2,594,000 after buying an additional 822 shares during the last quarter. Two Sigma Investments LP boosted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 7.1% in the 3rd quarter. Two Sigma Investments LP now owns 12,100 shares of the company’s stock valued at $649,000 after buying an additional 800 shares during the last quarter. Valley Financial Group Inc. acquired a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the third quarter valued at about $206,000. Finally, Citadel Advisors LLC grew its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 8.9% during the third quarter. Citadel Advisors LLC now owns 29,398 shares of the company’s stock valued at $1,577,000 after acquiring an additional 2,410 shares in the last quarter.

About VictoryShares US Multi-Factor Minimum Volatility ETF

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.