VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a significant drop in short interest during the month of December. As of December 31st, there was short interest totalling 19,900 shares, a drop of 51.5% from the December 15th total of 41,000 shares. Based on an average daily trading volume, of 164,400 shares, the days-to-cover ratio is currently 0.1 days.

VictoryShares Core Intermediate Bond ETF Trading Up 0.4 %

Shares of UITB traded up $0.20 during mid-day trading on Thursday, reaching $45.88. 83,596 shares of the company’s stock traded hands, compared to its average volume of 365,139. VictoryShares Core Intermediate Bond ETF has a 12 month low of $45.00 and a 12 month high of $48.31. The stock’s 50-day moving average is $46.29 and its two-hundred day moving average is $46.90.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were given a dividend of $0.0299 per share. The ex-dividend date was Wednesday, January 8th.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in UITB. Ameritas Advisory Services LLC bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the fourth quarter valued at approximately $246,000. Princeton Global Asset Management LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF in the 3rd quarter valued at $292,000. Raymond James Trust N.A. raised its position in shares of VictoryShares Core Intermediate Bond ETF by 53.8% in the 3rd quarter. Raymond James Trust N.A. now owns 6,855 shares of the company’s stock worth $329,000 after acquiring an additional 2,398 shares in the last quarter. Avaii Wealth Management LLC lifted its stake in shares of VictoryShares Core Intermediate Bond ETF by 25.6% during the 3rd quarter. Avaii Wealth Management LLC now owns 6,979 shares of the company’s stock worth $334,000 after purchasing an additional 1,422 shares during the last quarter. Finally, Chris Bulman Inc bought a new stake in VictoryShares Core Intermediate Bond ETF during the third quarter valued at about $443,000.

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.