VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Down 51.5% in January

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 19,900 shares, a decrease of 51.5% from the December 31st total of 41,000 shares. Based on an average daily volume of 164,400 shares, the short-interest ratio is currently 0.1 days.

VictoryShares Core Intermediate Bond ETF Stock Down 0.2 %

Shares of NASDAQ UITB traded down $0.11 during mid-day trading on Friday, hitting $46.14. The company’s stock had a trading volume of 73,218 shares, compared to its average volume of 282,536. The company’s fifty day simple moving average is $46.20 and its 200-day simple moving average is $46.88. VictoryShares Core Intermediate Bond ETF has a one year low of $45.00 and a one year high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were given a $0.0299 dividend. The ex-dividend date was Wednesday, January 8th.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Truist Financial Corp grew its position in VictoryShares Core Intermediate Bond ETF by 5.2% in the fourth quarter. Truist Financial Corp now owns 226,520 shares of the company’s stock valued at $10,411,000 after purchasing an additional 11,130 shares in the last quarter. Sanctuary Advisors LLC raised its stake in shares of VictoryShares Core Intermediate Bond ETF by 26.0% during the 4th quarter. Sanctuary Advisors LLC now owns 14,144 shares of the company’s stock worth $654,000 after purchasing an additional 2,923 shares in the last quarter. Valmark Advisers Inc. boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 4.1% in the 4th quarter. Valmark Advisers Inc. now owns 32,304 shares of the company’s stock valued at $1,485,000 after buying an additional 1,263 shares during the last quarter. Allworth Financial LP grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 15.4% in the fourth quarter. Allworth Financial LP now owns 517,352 shares of the company’s stock valued at $23,783,000 after buying an additional 68,907 shares in the last quarter. Finally, Newman Dignan & Sheerar Inc. increased its holdings in VictoryShares Core Intermediate Bond ETF by 2.0% during the fourth quarter. Newman Dignan & Sheerar Inc. now owns 353,733 shares of the company’s stock worth $16,258,000 after buying an additional 6,801 shares during the last quarter.

About VictoryShares Core Intermediate Bond ETF

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.