VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Short Interest Down 51.5% in January

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 19,900 shares, a decrease of 51.5% from the December 31st 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.

Institutional Investors Weigh In On VictoryShares Core Intermediate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Bogart Wealth LLC grew its position in VictoryShares Core Intermediate Bond ETF by 36.9% in the fourth quarter. Bogart Wealth LLC now owns 1,760,244 shares of the company’s stock valued at $80,901,000 after acquiring an additional 474,119 shares during the period. Financial Services Advisory Inc grew its holdings in shares of VictoryShares Core Intermediate Bond ETF by 909.1% in the 3rd quarter. Financial Services Advisory Inc now owns 212,211 shares of the company’s stock worth $10,171,000 after purchasing an additional 191,182 shares during the last quarter. Creative Financial Designs Inc. ADV bought a new stake in shares of VictoryShares Core Intermediate Bond ETF in the 3rd quarter worth about $8,579,000. Raymond James & Associates increased its position in shares of VictoryShares Core Intermediate Bond ETF by 91.9% during the 3rd quarter. Raymond James & Associates now owns 337,094 shares of the company’s stock worth $16,157,000 after purchasing an additional 161,474 shares in the last quarter. Finally, Pinnacle Wealth Management Group Inc. bought a new position in VictoryShares Core Intermediate Bond ETF during the 3rd quarter valued at about $7,111,000.

VictoryShares Core Intermediate Bond ETF Stock Down 0.0 %

UITB traded down $0.01 during trading on Friday, reaching $46.24. 57,728 shares of the company’s stock were exchanged, compared to its average volume of 281,801. The business has a 50 day moving average price of $46.20 and a 200 day moving average price of $46.88. VictoryShares Core Intermediate Bond ETF has a fifty-two week low of $45.00 and a fifty-two week high of $48.31.

VictoryShares Core Intermediate Bond ETF Cuts Dividend

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

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.