VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Up 360.7% in December

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 41,000 shares, an increase of 360.7% from the November 30th total of 8,900 shares. Based on an average daily volume of 154,300 shares, the short-interest ratio is presently 0.3 days.

VictoryShares Core Intermediate Bond ETF Trading Down 0.1 %

Shares of UITB traded down $0.06 during trading hours on Friday, reaching $45.87. 47,364 shares of the company traded hands, compared to its average volume of 140,361. VictoryShares Core Intermediate Bond ETF has a 12 month low of $45.00 and a 12 month high of $48.31. The company’s fifty day moving average price is $46.57 and its two-hundred day moving average price is $46.94.

VictoryShares Core Intermediate Bond ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, December 12th were given a dividend of $0.2843 per share. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Janney Montgomery Scott LLC boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 299.7% during the third quarter. Janney Montgomery Scott LLC now owns 27,338 shares of the company’s stock valued at $1,310,000 after purchasing an additional 20,498 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 5.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 56,130 shares of the company’s stock valued at $2,583,000 after buying an additional 2,729 shares in the last quarter. Thrivent Financial for Lutherans boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 96.2% during the 3rd quarter. Thrivent Financial for Lutherans now owns 28,995 shares of the company’s stock valued at $1,390,000 after buying an additional 14,216 shares in the last quarter. Alliance Wealth Advisors LLC grew its position in shares of VictoryShares Core Intermediate Bond ETF by 8.8% in the 3rd quarter. Alliance Wealth Advisors LLC now owns 495,032 shares of the company’s stock worth $23,727,000 after buying an additional 39,917 shares during the period. Finally, Raymond James & Associates increased its stake in shares of VictoryShares Core Intermediate Bond ETF by 91.9% during the third quarter. Raymond James & Associates now owns 337,094 shares of the company’s stock valued at $16,157,000 after purchasing an additional 161,474 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Company Profile

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.