VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Update

Posted by Thomas Dobrow on Apr 27th, 2024

VictoryShares Short-Term Bond ETF (NASDAQ:USTB – Get Free Report) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 26,900 shares, a growth of 78.1% from the March 31st total of 15,100 shares. Based on an average trading volume of 67,800 shares, the days-to-cover ratio is presently 0.4 days.

VictoryShares Short-Term Bond ETF Price Performance

USTB stock opened at $49.44 on Friday. VictoryShares Short-Term Bond ETF has a 1-year low of $48.37 and a 1-year high of $49.96. The business’s 50 day simple moving average is $49.65 and its 200 day simple moving average is $49.37.

VictoryShares Short-Term Bond ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 15th. Investors of record on Friday, April 12th were issued a dividend of $0.2247 per share. This represents a $2.70 dividend on an annualized basis and a dividend yield of 5.45%. The ex-dividend date of this dividend was Thursday, April 11th.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Concourse Financial Group Securities Inc. acquired a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at $38,000. Private Trust Co. NA acquired a new position in VictoryShares Short-Term Bond ETF in the 4th quarter valued at $57,000. Principal Securities Inc. acquired a new position in VictoryShares Short-Term Bond ETF in the 4th quarter valued at $121,000. Aspire Wealth Management Corp grew its holdings in VictoryShares Short-Term Bond ETF by 11.3% in the 3rd quarter. Aspire Wealth Management Corp now owns 2,786 shares of the company’s stock valued at $136,000 after buying an additional 283 shares in the last quarter. Finally, Oxinas Partners Wealth Management LLC acquired a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter valued at $200,000.

About VictoryShares Short-Term Bond ETF

(Get Free Report)

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.