VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) saw a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 1,900 shares, a decline of 17.4% from the January 31st total of 2,300 shares. Based on an average trading volume of 10,000 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

A number of hedge funds have recently bought and sold shares of the company. Lindenwold Advisors INC lifted its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the 3rd quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after purchasing an additional 275 shares during the period. Jane Street Group LLC acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the 3rd quarter worth about $324,000. Legacy Solutions LLC purchased a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the 4th quarter valued at about $299,000. Raymond James Financial Inc. purchased a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the 4th quarter valued at about $2,110,000. Finally, Independent Advisor Alliance acquired a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 4th quarter valued at about $496,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Stock Down 0.5 %

VSMV opened at $48.78 on Friday. The firm has a market cap of $112.19 million, a P/E ratio of 22.96 and a beta of 0.79. The business’s fifty day simple moving average is $48.90 and its 200 day simple moving average is $48.77. VictoryShares US Multi-Factor Minimum Volatility ETF has a 52 week low of $42.82 and a 52 week high of $50.71.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were given a $0.0323 dividend. The ex-dividend date was Friday, February 7th. This is a positive change from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous dividend of $0.01.

VictoryShares US Multi-Factor Minimum Volatility ETF Company Profile

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.