VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Update

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totalling 31,400 shares, an increase of 70.7% from the August 15th total of 18,400 shares. Based on an average daily volume of 67,200 shares, the days-to-cover ratio is presently 0.5 days.

VictoryShares Short-Term Bond ETF Stock Up 0.2 %

USTB stock traded up $0.10 on Friday, reaching $50.75. 286,336 shares of the company traded hands, compared to its average volume of 68,114. The firm has a fifty day simple moving average of $50.37 and a 200-day simple moving average of $49.93. VictoryShares Short-Term Bond ETF has a one year low of $48.37 and a one year high of $50.91.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 12th. Investors of record on Wednesday, September 11th were paid a $0.2377 dividend. This is a boost from VictoryShares Short-Term Bond ETF’s previous monthly dividend of $0.21. The ex-dividend date was Wednesday, September 11th. This represents a $2.85 dividend on an annualized basis and a yield of 5.62%.

Institutional Trading of VictoryShares Short-Term Bond ETF

Several institutional investors have recently bought and sold shares of USTB. Daymark Wealth Partners LLC grew its holdings in shares of VictoryShares Short-Term Bond ETF by 2.2% during the second quarter. Daymark Wealth Partners LLC now owns 14,432 shares of the company’s stock valued at $719,000 after buying an additional 305 shares during the last quarter. Aspire Wealth Management Corp boosted its stake in VictoryShares Short-Term Bond ETF by 18.9% during the 1st quarter. Aspire Wealth Management Corp now owns 4,139 shares of the company’s stock valued at $206,000 after purchasing an additional 658 shares during the last quarter. Concourse Financial Group Securities Inc. increased its holdings in shares of VictoryShares Short-Term Bond ETF by 9.0% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 18,745 shares of the company’s stock worth $934,000 after purchasing an additional 1,554 shares in the last quarter. Marquette Asset Management LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 0.3% during the first quarter. Marquette Asset Management LLC now owns 595,489 shares of the company’s stock valued at $29,673,000 after purchasing an additional 1,615 shares in the last quarter. Finally, SageView Advisory Group LLC lifted its holdings in shares of VictoryShares Short-Term Bond ETF by 47.6% during the first quarter. SageView Advisory Group LLC now owns 6,115 shares of the company’s stock valued at $305,000 after purchasing an additional 1,973 shares in the last quarter.

About VictoryShares Short-Term Bond ETF

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.