Short Interest in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Increases By 228.6%

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) saw a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,300 shares, an increase of 228.6% from the December 31st total of 700 shares. Based on an average daily volume of 8,600 shares, the short-interest ratio is presently 0.3 days.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

NASDAQ:USVM traded down $0.10 on Wednesday, reaching $86.93. 82,244 shares of the company’s stock were exchanged, compared to its average volume of 393,402. The firm has a market cap of $821.50 million, a price-to-earnings ratio of 11.30 and a beta of 1.11. The stock has a fifty day simple moving average of $87.31 and a 200-day simple moving average of $84.89. VictoryShares US Small Mid Cap Value Momentum ETF has a 52 week low of $71.53 and a 52 week high of $93.41.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were paid a dividend of $0.0766 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VictoryShares US Small Mid Cap Value Momentum ETF stock. Comprehensive Financial Planning Inc. PA acquired a new stake in shares of VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,570 shares of the company’s stock, valued at approximately $132,000.

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.