Short Interest in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Decreases By 19.0%

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a large decrease in short interest in the month of November. As of November 15th, there was short interest totalling 49,500 shares, a decrease of 19.0% from the October 31st total of 61,100 shares. Based on an average daily volume of 164,600 shares, the short-interest ratio is currently 0.3 days.

VictoryShares Core Intermediate Bond ETF Stock Performance

NASDAQ UITB opened at $46.98 on Monday. The company’s fifty day moving average is $47.00 and its two-hundred day moving average is $46.88. VictoryShares Core Intermediate Bond ETF has a 52-week low of $45.00 and a 52-week high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were issued a $0.1594 dividend. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12. The ex-dividend date was Thursday, November 7th. This represents a $1.91 annualized dividend and a yield of 4.07%.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

A number of hedge funds have recently modified their holdings of UITB. Morton Brown Family Wealth LLC acquired a new position in shares of VictoryShares Core Intermediate Bond ETF in the second quarter valued at $30,000. Harbour Investments Inc. lifted its holdings in shares of VictoryShares Core Intermediate Bond ETF by 7,720.9% during the 2nd quarter. Harbour Investments Inc. now owns 3,363 shares of the company’s stock worth $155,000 after acquiring an additional 3,320 shares during the period. Raymond James Trust N.A. bought a new position in shares of VictoryShares Core Intermediate Bond ETF during the 2nd quarter worth about $205,000. Princeton Global Asset Management LLC acquired a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 3rd quarter valued at about $292,000. Finally, Wedmont Private Capital bought a new stake in VictoryShares Core Intermediate Bond ETF in the second quarter valued at about $300,000.

VictoryShares Core Intermediate Bond ETF Company Profile

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.