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 large decline in short interest in December. As of December 15th, there was short interest totalling 700 shares, a decline of 94.9% from the November 30th total of 13,800 shares. Based on an average daily volume of 8,100 shares, the days-to-cover ratio is presently 0.1 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

Shares of USVM traded down $1.18 during midday trading on Friday, hitting $84.40. 4,963 shares of the company traded hands, compared to its average volume of 9,519. VictoryShares US Small Mid Cap Value Momentum ETF has a 52 week low of $70.69 and a 52 week high of $93.41. The firm has a 50 day moving average of $87.85 and a 200-day moving average of $83.55. The stock has a market cap of $278.52 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. Shareholders of record on Thursday, December 12th were issued a dividend of $0.2723 per share. The ex-dividend date was Thursday, December 12th.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

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.