Short Interest in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Increases By 180.0%

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a significant increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,400 shares, an increase of 180.0% from the October 31st total of 500 shares. Based on an average daily volume of 10,900 shares, the short-interest ratio is presently 0.1 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 0.3 %

NASDAQ VSMV opened at $50.58 on Friday. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12 month low of $40.94 and a 12 month high of $50.71. The stock has a 50-day simple moving average of $48.88 and a 200 day simple moving average of $47.16. The company has a market capitalization of $136.57 million, a PE ratio of 18.68 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were paid a $0.0205 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.49%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Tower Wealth Partners Inc. increased its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% in the second quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock valued at $18,424,000 after purchasing an additional 8,973 shares in the last quarter. Great Valley Advisor Group Inc. grew its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 18.2% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 346,153 shares of the company’s stock valued at $15,729,000 after buying an additional 53,373 shares during the period. Jane Street Group LLC bought a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the 3rd quarter valued at $324,000. Cetera Advisors LLC acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the 1st quarter worth $260,000. Finally, Lindenwold Advisors INC lifted its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the third quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after acquiring an additional 275 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.