VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Sees Large Increase in Short Interest

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the recipient of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 1,400 shares, an increase of 180.0% from the October 31st total of 500 shares. Based on an average daily volume of 10,900 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

Several hedge funds have recently made changes to their positions in the stock. Lindenwold Advisors INC increased its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the third 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 period. Cetera Advisors LLC bought a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the first quarter valued at approximately $260,000. Jane Street Group LLC acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF in the third quarter valued at $324,000. Tower Wealth Partners Inc. lifted its position in VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% in the second 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 during the period. Finally, Great Valley Advisor Group Inc. boosted its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 18.2% during the second quarter. Great Valley Advisor Group Inc. now owns 346,153 shares of the company’s stock worth $15,729,000 after buying an additional 53,373 shares in the last quarter.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Down 0.3 %

Shares of VSMV stock opened at $50.44 on Thursday. The firm has a market capitalization of $136.19 million, a P/E ratio of 18.68 and a beta of 0.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1 year low of $40.83 and a 1 year high of $50.64. The firm’s fifty day simple moving average is $48.79 and its 200 day simple moving average is $47.09.

VictoryShares US Multi-Factor Minimum Volatility ETF Announces Dividend

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

About VictoryShares US Multi-Factor Minimum Volatility ETF

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.