Short Interest in VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Rises By 220.2%

VictoryShares Short-Term Bond ETF (NASDAQ:USTB) was the target of a significant growth in short interest during the month of January. As of January 31st, there was short interest totalling 87,100 shares, a growth of 220.2% from the January 15th total of 27,200 shares. Based on an average trading volume of 125,600 shares, the short-interest ratio is currently 0.7 days.

Institutional Investors Weigh In On VictoryShares Short-Term Bond ETF

Institutional investors have recently added to or reduced their stakes in the company. Fortitude Family Office LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF during the third quarter worth about $91,000. Fifth Third Bancorp acquired a new position in VictoryShares Short-Term Bond ETF during the 4th quarter valued at approximately $155,000. Axis Wealth Partners LLC acquired a new stake in VictoryShares Short-Term Bond ETF in the fourth quarter worth $205,000. Avantax Advisory Services Inc. lifted its stake in VictoryShares Short-Term Bond ETF by 11.5% in the fourth quarter. Avantax Advisory Services Inc. now owns 4,773 shares of the company’s stock valued at $240,000 after buying an additional 492 shares during the last quarter. Finally, Janney Montgomery Scott LLC acquired a new position in shares of VictoryShares Short-Term Bond ETF during the fourth quarter valued at $294,000.

VictoryShares Short-Term Bond ETF Price Performance

VictoryShares Short-Term Bond ETF stock traded down $0.08 during trading on Wednesday, reaching $50.20. The company had a trading volume of 78,453 shares, compared to its average volume of 122,894. VictoryShares Short-Term Bond ETF has a 12-month low of $49.29 and a 12-month high of $50.92. The stock’s 50 day moving average price is $50.28 and its two-hundred day moving average price is $50.42.

VictoryShares Short-Term Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were issued a dividend of $0.1892 per share. This is an increase from VictoryShares Short-Term Bond ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Friday, February 7th.

About VictoryShares Short-Term Bond ETF

The Victory Portfolios II VictoryShares Short-Term Bond ETF (USTB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three years or less. USTB was launched on Oct 24, 2017 and is managed by VictoryShares.