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

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the recipient of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 2,300 shares, a growth of 228.6% from the December 15th total of 700 shares. Based on an average daily volume of 8,600 shares, the short-interest ratio is currently 0.3 days.

VictoryShares US Small Mid Cap Value Momentum ETF Stock Up 1.5 %

Shares of USVM traded up $1.29 during midday trading on Wednesday, hitting $86.15. The company’s stock had a trading volume of 1,702,172 shares, compared to its average volume of 518,300. VictoryShares US Small Mid Cap Value Momentum ETF has a one year low of $70.69 and a one year high of $93.41. The stock has a market capitalization of $292.91 million, a price-to-earnings ratio of 11.30 and a beta of 1.11. The company’s fifty day simple moving average is $87.76 and its two-hundred day simple moving average is $84.23.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a dividend of $0.0766 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

About VictoryShares US Small Mid Cap Value Momentum ETF

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.