Short Interest in VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Decreases By 93.7%

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a decline of 93.7% from the February 28th total of 7,900 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,000 shares, the short-interest ratio is presently 0.1 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 0.0 %

VictoryShares US Multi-Factor Minimum Volatility ETF stock traded up $0.02 during trading hours on Wednesday, reaching $48.33. 6,722 shares of the stock were exchanged, compared to its average volume of 8,707. VictoryShares US Multi-Factor Minimum Volatility ETF has a twelve month low of $42.82 and a twelve month high of $50.71. The company has a market cap of $111.16 million, a P/E ratio of 21.25 and a beta of 0.79. The stock has a 50 day moving average of $48.86 and a two-hundred day moving average of $48.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were paid a $0.07 dividend. This is a boost from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Monday, March 10th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Legacy Solutions LLC acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the 4th quarter valued at approximately $299,000. Cetera Investment Advisers raised its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 15.8% during the fourth quarter. Cetera Investment Advisers now owns 6,667 shares of the company’s stock worth $320,000 after buying an additional 912 shares during the last quarter. Jane Street Group LLC acquired a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the third quarter valued at $324,000. Independent Advisor Alliance bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the fourth quarter valued at $496,000. Finally, Two Sigma Investments LP grew its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 89.2% during the 4th quarter. Two Sigma Investments LP now owns 19,300 shares of the company’s stock worth $927,000 after acquiring an additional 9,100 shares during the period.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

The VictoryShares US Multi-Factor Minimum Volatility ETF (VSMV) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks, selected and weighted based on multiple factors. ETF optimization and constraints are used in order to minimize volatility.