VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Update

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 19,000 shares, an increase of 341.9% from the January 15th total of 4,300 shares. Based on an average trading volume of 214,000 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

Hedge funds have recently added to or reduced their stakes in the stock. WealthTrak Capital Management LLC purchased a new position in VictoryShares Core Intermediate Bond ETF in the fourth quarter worth about $122,000. JPMorgan Chase & Co. boosted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 6.4% in the fourth quarter. JPMorgan Chase & Co. now owns 114,060 shares of the company’s stock worth $5,242,000 after buying an additional 6,829 shares during the last quarter. LPL Financial LLC grew its position in VictoryShares Core Intermediate Bond ETF by 108.3% during the fourth quarter. LPL Financial LLC now owns 1,253,462 shares of the company’s stock valued at $57,609,000 after buying an additional 651,567 shares during the period. Thrivent Financial for Lutherans increased its holdings in VictoryShares Core Intermediate Bond ETF by 27.9% during the fourth quarter. Thrivent Financial for Lutherans now owns 37,086 shares of the company’s stock valued at $1,727,000 after buying an additional 8,091 shares during the last quarter. Finally, Creative Financial Designs Inc. ADV raised its position in VictoryShares Core Intermediate Bond ETF by 1.9% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 182,393 shares of the company’s stock worth $8,383,000 after acquiring an additional 3,401 shares during the period.

VictoryShares Core Intermediate Bond ETF Price Performance

UITB traded down $0.23 during midday trading on Wednesday, reaching $45.89. The company’s stock had a trading volume of 58,353 shares, compared to its average volume of 285,415. The stock’s 50-day moving average is $46.12 and its 200-day moving average is $46.87. VictoryShares Core Intermediate Bond ETF has a 1 year low of $45.00 and a 1 year high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were issued a dividend of $0.1528 per share. The ex-dividend date was Friday, February 7th. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03.

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.