VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Up 400.0% in October

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 500 shares, an increase of 400.0% from the October 15th total of 100 shares. Based on an average daily trading volume, of 10,000 shares, the short-interest ratio is currently 0.1 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Down 0.2 %

Shares of NASDAQ:VSMV traded down $0.12 during midday trading on Tuesday, reaching $49.91. 2,275 shares of the company traded hands, compared to its average volume of 10,076. The firm’s fifty day moving average price is $48.28 and its two-hundred day moving average price is $46.61. The firm has a market capitalization of $134.76 million, a price-to-earnings ratio of 18.68 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 12 month low of $40.18 and a 12 month high of $50.16.

VictoryShares US Multi-Factor Minimum Volatility ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a $0.0205 dividend. This represents a $0.25 dividend on an annualized basis and a dividend yield of 0.49%. The ex-dividend date was Thursday, November 7th.

Hedge Funds Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

Hedge funds have recently bought and sold shares of the company. Tower Wealth Partners Inc. lifted its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% in the 2nd quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after purchasing an additional 8,973 shares in the last quarter. Great Valley Advisor Group Inc. increased its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 18.2% in the second quarter. Great Valley Advisor Group Inc. now owns 346,153 shares of the company’s stock worth $15,729,000 after purchasing an additional 53,373 shares during the period. Cetera Advisors LLC bought a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the first quarter worth $260,000. Finally, Lindenwold Advisors INC boosted its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the 3rd quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock valued at $270,000 after acquiring an additional 275 shares during the last quarter.

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.