VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Down 94.9% in December

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 700 shares, a decrease of 94.9% from the November 30th total of 13,800 shares. Based on an average daily volume of 8,100 shares, the short-interest ratio is currently 0.1 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

NASDAQ USVM traded up $0.43 on Thursday, hitting $85.44. 2,242 shares of the stock traded hands, compared to its average volume of 9,516. The business’s fifty day moving average is $87.92 and its two-hundred day moving average is $83.49. VictoryShares US Small Mid Cap Value Momentum ETF has a 12 month low of $70.69 and a 12 month high of $93.41. The firm has a market capitalization of $281.95 million, a price-to-earnings ratio of 11.30 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, December 12th were paid a dividend of $0.2723 per share. The ex-dividend date of this dividend was Thursday, December 12th.

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.