VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Sees Large Growth in Short Interest

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 6,500 shares, a growth of 47.7% from the October 31st total of 4,400 shares. Based on an average trading volume of 7,600 shares, the days-to-cover ratio is currently 0.9 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Performance

Shares of NASDAQ:USVM traded up $0.33 during midday trading on Friday, hitting $91.83. 1,264 shares of the company’s stock traded hands, compared to its average volume of 9,601. The firm’s fifty day moving average price is $86.71 and its two-hundred day moving average price is $82.31. The company has a market cap of $303.04 million, a PE ratio of 11.30 and a beta of 1.11. VictoryShares US Small Mid Cap Value Momentum ETF has a twelve month low of $66.66 and a twelve month high of $93.41.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were paid a $0.0243 dividend. This represents a $0.29 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date of this dividend was Thursday, November 7th.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

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.