Short Interest in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Expands By 228.6%

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 2,300 shares, a growth of 228.6% from the December 31st total of 700 shares. Based on an average trading volume of 8,600 shares, the short-interest ratio is currently 0.3 days.

Institutional Investors Weigh In On VictoryShares US Small Mid Cap Value Momentum ETF

An institutional investor recently bought a new position in VictoryShares US Small Mid Cap Value Momentum ETF stock. Comprehensive Financial Planning Inc. PA purchased a new stake in shares of VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 1,570 shares of the company’s stock, valued at approximately $132,000.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

Shares of NASDAQ:USVM traded down $0.48 during midday trading on Friday, hitting $87.49. The company’s stock had a trading volume of 6,938 shares, compared to its average volume of 355,636. The company has a market cap of $826.78 million, a P/E ratio of 11.30 and a beta of 1.11. VictoryShares US Small Mid Cap Value Momentum ETF has a 12-month low of $71.53 and a 12-month high of $93.41. The business’s 50 day simple moving average is $87.25 and its 200 day simple moving average is $84.92.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were paid a $0.0766 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

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.