Short Interest in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Expands By 34.5%

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 7,400 shares, a growth of 34.5% from the September 30th total of 5,500 shares. Based on an average daily trading volume, of 11,100 shares, the short-interest ratio is currently 0.7 days.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

Shares of NASDAQ:USVM traded down $0.36 during trading on Tuesday, reaching $84.72. 592 shares of the company’s stock traded hands, compared to its average volume of 9,404. The stock has a market capitalization of $279.58 million, a P/E ratio of 11.30 and a beta of 1.11. VictoryShares US Small Mid Cap Value Momentum ETF has a 12 month low of $60.84 and a 12 month high of $87.09. The company has a 50 day moving average of $83.60 and a 200-day moving average of $80.37.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were issued a dividend of $0.1848 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This is a positive change from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.16. This represents a $2.22 annualized dividend and a dividend yield of 2.62%.

About VictoryShares US Small Mid Cap Value Momentum ETF

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.