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

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) was the target of a large drop in short interest in September. As of September 30th, there was short interest totalling 500 shares, a drop of 91.4% from the September 15th total of 5,800 shares. Based on an average trading volume of 10,800 shares, the short-interest ratio is presently 0.0 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Trading Down 0.5 %

VSMV traded down $0.22 during midday trading on Thursday, reaching $48.15. The company’s stock had a trading volume of 67,656 shares, compared to its average volume of 9,627. The stock has a market cap of $127.60 million, a P/E ratio of 18.68 and a beta of 0.79. The company has a fifty day simple moving average of $47.50 and a 200 day simple moving average of $45.84. VictoryShares US Multi-Factor Minimum Volatility ETF has a twelve month low of $38.44 and a twelve month high of $48.58.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were issued a dividend of $0.0482 per share. This represents a $0.58 annualized dividend and a dividend yield of 1.20%. The ex-dividend date was Tuesday, October 8th.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

Several institutional investors have recently modified their holdings of the company. Cetera Advisors LLC acquired a new stake in VictoryShares US Multi-Factor Minimum Volatility ETF in the 1st quarter valued at $260,000. Sovereign Financial Group Inc. boosted its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 71.5% in the 1st quarter. Sovereign Financial Group Inc. now owns 21,820 shares of the company’s stock valued at $987,000 after buying an additional 9,099 shares in the last quarter. Great Valley Advisor Group Inc. boosted its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 18.2% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 346,153 shares of the company’s stock valued at $15,729,000 after buying an additional 53,373 shares in the last quarter. Finally, Tower Wealth Partners Inc. boosted its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 1.2% in the 1st quarter. Tower Wealth Partners Inc. now owns 396,486 shares of the company’s stock valued at $17,937,000 after buying an additional 4,677 shares in the last quarter.

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.