VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Up 303.3% in April

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the recipient of a significant increase in short interest in April. As of April 30th, there was short interest totaling 1,839 shares, an increase of 303.3% from the April 15th total of 456 shares. Based on an average daily trading volume, of 5,881 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.1% of the company’s stock are sold short.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 0.3%

NASDAQ VSMV traded up $0.15 during trading on Wednesday, hitting $59.76. 5,299 shares of the company’s stock were exchanged, compared to its average volume of 6,876. The stock’s 50 day moving average price is $57.72 and its two-hundred day moving average price is $56.48. VictoryShares US Multi-Factor Minimum Volatility ETF has a fifty-two week low of $47.64 and a fifty-two week high of $59.84. The company has a market cap of $155.38 million, a PE ratio of 18.64 and a beta of 0.69.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were given a $0.0355 dividend. The ex-dividend date was Friday, May 8th. This represents a c) dividend on an annualized basis and a yield of 0.7%.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in VSMV. Rockefeller Capital Management L.P. bought a new stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the 4th quarter worth approximately $64,000. Great Valley Advisor Group Inc. lifted its holdings in VictoryShares US Multi-Factor Minimum Volatility ETF by 46.6% in the fourth quarter. Great Valley Advisor Group Inc. now owns 864,751 shares of the company’s stock valued at $47,792,000 after acquiring an additional 274,980 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 3,665.7% during the fourth quarter. Goldman Sachs Group Inc. now owns 223,455 shares of the company’s stock worth $12,350,000 after purchasing an additional 217,521 shares in the last quarter. Global Retirement Partners LLC raised its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 8.4% in the fourth quarter. Global Retirement Partners LLC now owns 2,917 shares of the company’s stock valued at $161,000 after buying an additional 226 shares in the last quarter. Finally, Truist Financial Corp grew its holdings in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 37.3% during the fourth quarter. Truist Financial Corp now owns 8,329 shares of the company’s stock worth $460,000 after buying an additional 2,262 shares during the last quarter.

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. VSMV was launched on Jun 22, 2017 and is managed by VictoryShares.