VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM – Get Free Report) was the target of a large drop in short interest in October. As of October 31st, there was short interest totalling 4,400 shares, a drop of 40.5% from the October 15th total of 7,400 shares. Based on an average daily trading volume, of 7,100 shares, the days-to-cover ratio is currently 0.6 days.
VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance
Shares of VictoryShares US Small Mid Cap Value Momentum ETF stock traded down $0.94 on Friday, hitting $87.57. 6,715 shares of the company traded hands, compared to its average volume of 9,529. VictoryShares US Small Mid Cap Value Momentum ETF has a 52 week low of $65.52 and a 52 week high of $91.91. The business has a 50-day simple moving average of $84.88 and a 200 day simple moving average of $81.38. The stock has a market capitalization of $288.98 million, a P/E ratio of 11.30 and a beta of 1.11.
VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend
The business also recently declared a monthly dividend, which was paid on Friday, November 8th. Investors of record on Thursday, November 7th were issued a dividend of $0.0243 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.29 annualized dividend and a yield of 0.33%.
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.
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