Short Interest in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Decreases By 38.7%
VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM – Get Free Report) saw a large decrease in short interest in November. As of November 30th, there was short interest totalling 4,600 shares, a decrease of 38.7% from the November 15th total of 7,500 shares. Based on an average daily trading volume, of 4,500 shares, the days-to-cover ratio is presently 1.0 days.
VictoryShares US Small Mid Cap Value Momentum ETF Price Performance
USVM opened at $69.50 on Wednesday. The company has a market capitalization of $232.83 million, a PE ratio of 13.07 and a beta of 1.11. VictoryShares US Small Mid Cap Value Momentum ETF has a fifty-two week low of $59.91 and a fifty-two week high of $69.86. The business has a 50-day moving average of $64.92 and a 200-day moving average of $66.14.
VictoryShares US Small Mid Cap Value Momentum ETF Announces Dividend
The company also recently announced a monthly dividend, which was paid on Friday, November 10th. Shareholders of record on Thursday, November 9th were given a dividend of $0.0514 per share. This represents a $0.62 dividend on an annualized basis and a yield of 0.89%. The ex-dividend date was Wednesday, November 8th.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in VictoryShares US Small Mid Cap Value Momentum ETF stock. Stonebridge Capital Advisors LLC bought a new position in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 1,639 shares of the company’s stock, valued at approximately $115,000.
VictoryShares US Small Mid Cap Value Momentum ETF Company Profile (Get Free Report)
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.
See Also
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