VictoryShares Short-Term Bond ETF (NASDAQ:USTB) Short Interest Up 220.2% in January

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

Institutional Trading of VictoryShares Short-Term Bond ETF

Several large investors have recently added to or reduced their stakes in the stock. Concourse Financial Group Securities Inc. boosted its holdings in VictoryShares Short-Term Bond ETF by 28.7% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 26,467 shares of the company’s stock worth $1,345,000 after acquiring an additional 5,902 shares during the period. ERn Financial LLC lifted its position in shares of VictoryShares Short-Term Bond ETF by 3.2% during the third quarter. ERn Financial LLC now owns 292,859 shares of the company’s stock worth $14,880,000 after purchasing an additional 9,210 shares in the last quarter. Raymond James & Associates boosted its stake in shares of VictoryShares Short-Term Bond ETF by 16.8% in the third quarter. Raymond James & Associates now owns 102,964 shares of the company’s stock valued at $5,232,000 after purchasing an additional 14,816 shares during the period. Toth Financial Advisory Corp grew its holdings in VictoryShares Short-Term Bond ETF by 2.2% during the 3rd quarter. Toth Financial Advisory Corp now owns 163,585 shares of the company’s stock valued at $8,312,000 after purchasing an additional 3,516 shares in the last quarter. Finally, Private Advisor Group LLC increased its stake in VictoryShares Short-Term Bond ETF by 56.1% during the 3rd quarter. Private Advisor Group LLC now owns 60,914 shares of the company’s stock worth $3,095,000 after buying an additional 21,894 shares during the period.

VictoryShares Short-Term Bond ETF Trading Up 0.2 %

USTB opened at $50.32 on Friday. VictoryShares Short-Term Bond ETF has a 52-week low of $49.29 and a 52-week high of $50.92. The company has a 50 day moving average of $50.28 and a two-hundred day moving average of $50.42.

VictoryShares Short-Term Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were given a dividend of $0.1892 per share. This is a boost 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.