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

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) saw a significant increase in short interest in February. As of February 28th, there was short interest totalling 7,900 shares, an increase of 315.8% from the February 13th total of 1,900 shares. Based on an average daily volume of 9,700 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.3% of the company’s stock are short sold.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

Shares of NASDAQ VSMV opened at $47.23 on Thursday. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1-year low of $42.82 and a 1-year high of $50.71. The company has a market capitalization of $108.63 million, a price-to-earnings ratio of 22.96 and a beta of 0.79. The business has a 50-day moving average of $48.89 and a 200-day moving average of $48.78.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were issued a $0.07 dividend. The ex-dividend date was Monday, March 10th. This is a boost from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous dividend of $0.03.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

A number of hedge funds have recently made changes to their positions in the company. Great Valley Advisor Group Inc. increased its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 4.8% during the 4th quarter. Great Valley Advisor Group Inc. now owns 337,300 shares of the company’s stock worth $16,201,000 after buying an additional 15,351 shares during the period. Two Sigma Investments LP increased its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 89.2% during the fourth quarter. Two Sigma Investments LP now owns 19,300 shares of the company’s stock worth $927,000 after acquiring an additional 9,100 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 15.8% in the fourth quarter. Cetera Investment Advisers now owns 6,667 shares of the company’s stock worth $320,000 after acquiring an additional 912 shares in the last quarter. Raymond James Financial Inc. purchased a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter valued at about $2,110,000. Finally, Independent Advisor Alliance acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF during the 4th quarter valued at approximately $496,000.

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.