VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Down 40.5% in October

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the recipient of a large decrease in short interest during the month of October. As of October 31st, there was short interest totalling 4,400 shares, a decrease of 40.5% from the October 15th total of 7,400 shares. Based on an average daily trading volume, of 7,100 shares, the short-interest ratio is presently 0.6 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

USVM stock opened at $90.24 on Wednesday. The stock has a fifty day moving average of $84.39 and a 200-day moving average of $81.17. VictoryShares US Small Mid Cap Value Momentum ETF has a fifty-two week low of $63.12 and a fifty-two week high of $91.91. The company has a market capitalization of $297.79 million, a price-to-earnings ratio of 11.30 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were paid a $0.0243 dividend. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $0.29 annualized dividend and a dividend yield of 0.32%.

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.