VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Sees Large Decline in Short Interest

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the target of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totalling 700 shares, a decrease of 94.9% from the November 30th total of 13,800 shares. Based on an average daily trading volume, of 8,100 shares, the short-interest ratio is currently 0.1 days.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

Shares of NASDAQ:USVM traded up $0.43 during midday trading on Thursday, hitting $85.44. The company had a trading volume of 2,242 shares, compared to its average volume of 9,516. VictoryShares US Small Mid Cap Value Momentum ETF has a 12-month low of $70.69 and a 12-month high of $93.41. The company has a fifty day moving average of $87.92 and a two-hundred day moving average of $83.49. The company has a market cap of $281.95 million, a price-to-earnings ratio of 11.30 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, December 12th were given a $0.2723 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

VictoryShares US Small Mid Cap Value Momentum ETF Company Profile

The VictoryShares US Small Mid Cap Value Momentum ETF (USVM) is an exchange-traded fund that mostly invests in extended market equity. The fund tracks an index of small- and mid-cap US stocks that are selected by equal parts value and momentum, and weighted by volatility. USVM was launched on Oct 24, 2017 and is managed by VictoryShares.