Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Grows By 126.7%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw a significant increase in short interest in May. As of May 29th, there was short interest totaling 219,784 shares, an increase of 126.7% from the May 14th total of 96,947 shares. Based on an average daily trading volume, of 261,118 shares, the short-interest ratio is currently 0.8 days. Approximately 0.3% of the company’s shares are sold short.

Hedge Funds Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Institutional investors have recently bought and sold shares of the stock. Comprehensive Financial Planning Inc. PA bought a new position in VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter worth about $25,000. N.E.W. Advisory Services LLC bought a new position in VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter worth about $26,000. Global Retirement Partners LLC bought a new position in VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter worth about $33,000. Johnson Financial Group Inc. bought a new position in VictoryShares Core Plus Intermediate Bond ETF in the first quarter worth about $54,000. Finally, Comerica Bank raised its stake in VictoryShares Core Plus Intermediate Bond ETF by 44.4% in the first quarter. Comerica Bank now owns 2,597 shares of the company’s stock worth $57,000 after buying an additional 799 shares in the last quarter.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

UBND stock opened at $21.63 on Monday. VictoryShares Core Plus Intermediate Bond ETF has a 1 year low of $21.39 and a 1 year high of $22.41. The firm has a 50-day moving average of $21.71 and a 200 day moving average of $21.90.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were paid a $0.0834 dividend. This represents a c) dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Tuesday, June 9th.

VictoryShares Core Plus Intermediate Bond ETF Company Profile

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.