VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Up 250.0% in June

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 5,600 shares, a growth of 250.0% from the May 31st total of 1,600 shares. Based on an average trading volume of 5,900 shares, the days-to-cover ratio is presently 0.9 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Up 0.3 %

USVM stock traded up $0.22 during trading hours on Friday, hitting $77.31. The company’s stock had a trading volume of 4,179 shares, compared to its average volume of 8,956. The stock has a 50 day moving average price of $77.87 and a two-hundred day moving average price of $75.90. VictoryShares US Small Mid Cap Value Momentum ETF has a 12 month low of $60.66 and a 12 month high of $80.39. The company has a market capitalization of $224.20 million, a PE ratio of 11.30 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 13th. Investors of record on Wednesday, June 12th were issued a $0.0944 dividend. This represents a $1.13 dividend on an annualized basis and a yield of 1.46%. The ex-dividend date was Wednesday, June 12th.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.