VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Short Interest Update

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 2,740,000 shares, a growth of 119,030.4% from the March 15th total of 2,300 shares. Based on an average trading volume of 1,158,600 shares, the days-to-cover ratio is currently 2.4 days.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

Shares of VictoryShares US Small Mid Cap Value Momentum ETF stock opened at $77.21 on Thursday. The firm’s fifty day simple moving average is $76.36 and its 200-day simple moving average is $70.90. The stock has a market capitalization of $220.03 million, a price-to-earnings ratio of 13.07 and a beta of 1.11. VictoryShares US Small Mid Cap Value Momentum ETF has a 12 month low of $60.66 and a 12 month high of $80.37.

VictoryShares US Small Mid Cap Value Momentum ETF Dividend Announcement

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 13th. Stockholders of record on Monday, February 12th were issued a $0.037 dividend. The ex-dividend date was Friday, February 9th. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.58%.

Hedge Funds Weigh In On VictoryShares US Small Mid Cap Value Momentum ETF

An institutional investor recently bought a new position in VictoryShares US Small Mid Cap Value Momentum ETF stock. Stonebridge Capital Advisors LLC acquired a new stake in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 1,639 shares of the company’s stock, valued at approximately $115,000.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.