Short Interest in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Rises By 360.7%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totalling 41,000 shares, an increase of 360.7% from the November 30th total of 8,900 shares. Based on an average daily volume of 154,300 shares, the days-to-cover ratio is presently 0.3 days.

VictoryShares Core Intermediate Bond ETF Stock Down 0.1 %

Shares of VictoryShares Core Intermediate Bond ETF stock traded down $0.06 on Friday, hitting $45.87. The stock had a trading volume of 47,364 shares, compared to its average volume of 140,361. VictoryShares Core Intermediate Bond ETF has a one year low of $45.00 and a one year high of $48.31. The stock’s 50-day simple moving average is $46.57 and its two-hundred day simple moving average is $46.94.

VictoryShares Core Intermediate Bond ETF Announces Dividend

The company also recently declared a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, December 12th were issued a $0.2843 dividend. The ex-dividend date was Thursday, December 12th.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Hedge funds have recently modified their holdings of the company. Morton Brown Family Wealth LLC bought a new stake in shares of VictoryShares Core Intermediate Bond ETF in the second quarter worth about $30,000. Harbour Investments Inc. lifted its holdings in VictoryShares Core Intermediate Bond ETF by 7,720.9% in the 2nd quarter. Harbour Investments Inc. now owns 3,363 shares of the company’s stock worth $155,000 after buying an additional 3,320 shares during the period. Raymond James Trust N.A. bought a new stake in shares of VictoryShares Core Intermediate Bond ETF in the 2nd quarter worth approximately $205,000. Princeton Global Asset Management LLC purchased a new position in shares of VictoryShares Core Intermediate Bond ETF during the third quarter valued at approximately $292,000. Finally, Avaii Wealth Management LLC raised its holdings in shares of VictoryShares Core Intermediate Bond ETF by 25.6% during the third quarter. Avaii Wealth Management LLC now owns 6,979 shares of the company’s stock valued at $334,000 after acquiring an additional 1,422 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Company Profile

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.