VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Significant Growth in Short Interest

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the target of a significant growth in short interest in the month of January. As of January 31st, there was short interest totalling 19,000 shares, a growth of 341.9% from the January 15th total of 4,300 shares. Based on an average trading volume of 214,000 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of VictoryShares Core Intermediate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. Bogart Wealth LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 36.9% during the 4th quarter. Bogart Wealth LLC now owns 1,760,244 shares of the company’s stock valued at $80,901,000 after purchasing an additional 474,119 shares during the period. LPL Financial LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 108.3% during the 4th quarter. LPL Financial LLC now owns 1,253,462 shares of the company’s stock valued at $57,609,000 after purchasing an additional 651,567 shares during the period. Raymond James Financial Inc. bought a new stake in shares of VictoryShares Core Intermediate Bond ETF during the 4th quarter valued at $35,994,000. Riversedge Advisors LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 4.6% during the 4th quarter. Riversedge Advisors LLC now owns 695,989 shares of the company’s stock valued at $31,988,000 after purchasing an additional 30,603 shares during the period. Finally, Allen Capital Group LLC raised its position in shares of VictoryShares Core Intermediate Bond ETF by 6.8% during the 4th quarter. Allen Capital Group LLC now owns 545,854 shares of the company’s stock valued at $25,087,000 after purchasing an additional 34,566 shares during the period.

VictoryShares Core Intermediate Bond ETF Stock Up 0.5 %

UITB traded up $0.23 during trading on Thursday, hitting $46.10. The company’s stock had a trading volume of 24,257 shares, compared to its average volume of 289,612. VictoryShares Core Intermediate Bond ETF has a one year low of $45.00 and a one year high of $48.31. The business’s 50 day simple moving average is $46.10 and its 200-day simple moving average is $46.87.

VictoryShares Core Intermediate Bond 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 dividend of $0.1528 per share. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03. The ex-dividend date was Friday, February 7th.

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.