VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Stock Short Interest Report for September

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 1,683 shares, an increase of 149.3% from the September 15th total of 675 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 3,535 shares, the days-to-cover ratio is currently 0.5 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 0.9%

Shares of VSMV stock opened at $60.97 on Thursday. The business’s fifty day simple moving average is $60.61 and its 200-day simple moving average is $59.72. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12-month low of $52.75 and a 12-month high of $61.94. The company has a market cap of $158.52 million, a PE ratio of 18.64 and a beta of 0.68.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were issued a dividend of $0.0740 per share. This represents a $0.89 annualized dividend and a dividend yield of 1.5%. This is a decrease from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.1040. The ex-dividend date was Thursday, October 8th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VSMV. Citadel Advisors LLC purchased a new position in VictoryShares US Multi-Factor Minimum Volatility ETF during the 2nd quarter worth approximately $542,000. Rockefeller Capital Management L.P. acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter worth about $64,000. Farther Finance Advisors LLC acquired a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the 3rd quarter worth about $38,000. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 2nd quarter worth approximately $31,000.

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.