VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a significant decrease in short interest in August. As of August 15th, there was short interest totalling 1,300 shares, a decrease of 96.6% from the July 31st total of 38,700 shares. Based on an average daily volume of 8,800 shares, the days-to-cover ratio is presently 0.1 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Down 0.0 %

Shares of VictoryShares US Multi-Factor Minimum Volatility ETF stock traded down $0.01 on Tuesday, hitting $47.92. 3,256 shares of the company traded hands, compared to its average volume of 9,730. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12-month low of $38.44 and a 12-month high of $48.09. The company has a 50-day moving average price of $46.39 and a 200 day moving average price of $45.02. The company has a market cap of $138.97 million, a PE ratio of 18.68 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, August 9th. Shareholders of record on Thursday, August 8th were given a dividend of $0.018 per share. The ex-dividend date was Thursday, August 8th. This represents a $0.22 dividend on an annualized basis and a yield of 0.45%.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Sykon Capital LLC bought a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 4th quarter worth about $11,097,000. Great Valley Advisor Group Inc. bought a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the 4th quarter worth approximately $7,465,000. One Degree Advisors Inc bought a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the 4th quarter worth approximately $762,000. Sovereign Financial Group Inc. acquired a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 4th quarter worth approximately $535,000. Finally, Tower Wealth Partners Inc. increased its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% during the second quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock valued at $18,424,000 after purchasing an additional 8,973 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.