Short Interest in VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Decreases By 51.5%

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

VictoryShares Core Intermediate Bond ETF Price Performance

NASDAQ:UITB opened at $45.41 on Tuesday. VictoryShares Core Intermediate Bond ETF has a 1-year low of $45.00 and a 1-year high of $48.31. The firm has a fifty day simple moving average of $46.33 and a 200 day simple moving average of $46.91.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

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

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

A number of large investors have recently added to or reduced their stakes in UITB. Princeton Global Asset Management LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the 3rd quarter valued at $292,000. Raymond James Trust N.A. boosted its position in shares of VictoryShares Core Intermediate Bond ETF by 53.8% in the third quarter. Raymond James Trust N.A. now owns 6,855 shares of the company’s stock valued at $329,000 after acquiring an additional 2,398 shares during the period. Avaii Wealth Management LLC grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 25.6% in the third quarter. Avaii Wealth Management LLC now owns 6,979 shares of the company’s stock valued at $334,000 after acquiring an additional 1,422 shares in the last quarter. Chris Bulman Inc bought a new position in VictoryShares Core Intermediate Bond ETF during the third quarter worth about $443,000. Finally, Klingenstein Fields & Co. LP raised its stake in VictoryShares Core Intermediate Bond ETF by 5.7% in the 3rd quarter. Klingenstein Fields & Co. LP now owns 11,179 shares of the company’s stock worth $536,000 after purchasing an additional 601 shares in 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.