VictoryShares Short-Term Bond ETF (NASDAQ:USTB – Get Free Report) saw a significant increase in short interest during the month of December. As of December 15th, there was short interest totalling 52,400 shares, an increase of 73.5% from the November 30th total of 30,200 shares. Based on an average daily trading volume, of 103,500 shares, the days-to-cover ratio is presently 0.5 days.
Institutional Inflows and Outflows
A number of hedge funds have recently bought and sold shares of USTB. Fortitude Family Office LLC acquired a new stake in shares of VictoryShares Short-Term Bond ETF during the third quarter worth $91,000. Octavia Wealth Advisors LLC purchased a new position in VictoryShares Short-Term Bond ETF in the 3rd quarter worth $221,000. Burt Wealth Advisors lifted its position in VictoryShares Short-Term Bond ETF by 5.3% during the 3rd quarter. Burt Wealth Advisors now owns 7,010 shares of the company’s stock worth $356,000 after acquiring an additional 350 shares during the period. Private Client Services LLC purchased a new stake in VictoryShares Short-Term Bond ETF during the 3rd quarter valued at about $404,000. Finally, Squire Investment Management Company LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF in the third quarter valued at about $431,000.
VictoryShares Short-Term Bond ETF Price Performance
Shares of NASDAQ USTB opened at $50.13 on Friday. VictoryShares Short-Term Bond ETF has a fifty-two week low of $49.29 and a fifty-two week high of $50.92. The business has a 50-day simple moving average of $50.33 and a two-hundred day simple moving average of $50.33.
VictoryShares Short-Term Bond ETF Announces Dividend
VictoryShares Short-Term Bond ETF Company Profile
The Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three years or less. USTB was launched on Oct 24, 2017 and is managed by VictoryShares.
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