VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Update

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) saw a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 675 shares, a decrease of 63.8% from the August 31st total of 1,867 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,894 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On VictoryShares US Multi-Factor Minimum Volatility ETF

Several hedge funds and other institutional investors have recently modified their holdings of VSMV. Citadel Advisors LLC bought a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the second quarter worth about $542,000. Great Valley Advisor Group Inc. grew its stake 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 worth $47,792,000 after purchasing an additional 274,980 shares in the last quarter. Global Retirement Partners LLC increased its holdings 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 during the last quarter. Integrated Wealth Concepts LLC bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the second quarter valued at about $31,000. Finally, Rockefeller Capital Management L.P. bought a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the fourth quarter valued at about $64,000.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Up 0.4%

VSMV stock opened at $60.18 on Friday. VictoryShares US Multi-Factor Minimum Volatility ETF has a twelve month low of $52.75 and a twelve month high of $61.94. The company has a market capitalization of $156.47 million, a P/E ratio of 18.64 and a beta of 0.69. The firm has a 50 day simple moving average of $60.64 and a 200-day simple moving average of $59.41.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were paid a dividend of $0.1040 per share. This is a positive change from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous monthly dividend of $0.0298. The ex-dividend date was Wednesday, September 9th. This represents a $1.25 dividend on an annualized basis and a yield of 2.1%.

About VictoryShares US Multi-Factor Minimum Volatility ETF

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.