VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Sees Large Growth in Short Interest

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 6,500 shares, an increase of 47.7% from the October 31st total of 4,400 shares. Based on an average daily volume of 7,600 shares, the short-interest ratio is currently 0.9 days.

VictoryShares US Small Mid Cap Value Momentum ETF Trading Up 0.4 %

USVM stock traded up $0.33 on Friday, hitting $91.83. 1,264 shares of the company’s stock traded hands, compared to its average volume of 9,601. VictoryShares US Small Mid Cap Value Momentum ETF has a 1-year low of $66.66 and a 1-year high of $93.41. The stock has a market cap of $303.04 million, a price-to-earnings ratio of 11.30 and a beta of 1.11. The stock has a fifty day moving average of $86.71 and a 200-day moving average of $82.31.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were issued a $0.0243 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.29 annualized dividend and a yield of 0.32%.

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.