VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 5,800 shares, a growth of 75.8% from the August 31st total of 3,300 shares. Based on an average trading volume of 10,100 shares, the short-interest ratio is currently 0.6 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Up 0.4 %

Shares of VictoryShares US Multi-Factor Minimum Volatility ETF stock opened at $48.22 on Friday. The firm has a market cap of $139.85 million, a PE ratio of 18.68 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a twelve month low of $38.44 and a twelve month high of $48.29. The business has a 50-day moving average price of $47.25 and a 200 day moving average price of $45.62.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 12th. Stockholders of record on Wednesday, September 11th were paid a dividend of $0.0943 per share. This represents a $1.13 annualized dividend and a dividend yield of 2.35%. This is an increase from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.02. The ex-dividend date was Wednesday, September 11th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in VSMV. Tower Wealth Partners Inc. increased its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% in the 2nd quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after acquiring an additional 8,973 shares in the last quarter. Sovereign Financial Group Inc. raised its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 71.5% during the 1st quarter. Sovereign Financial Group Inc. now owns 21,820 shares of the company’s stock worth $987,000 after purchasing an additional 9,099 shares during the last quarter. Cetera Advisors LLC purchased a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the 1st quarter valued at about $260,000. Finally, Great Valley Advisor Group Inc. boosted its holdings in 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 worth $15,729,000 after buying an additional 53,373 shares during the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

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.