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

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) saw a significant drop in short interest in December. As of December 31st, there was short interest totalling 400 shares, a drop of 42.9% from the December 15th total of 700 shares. Based on an average daily volume of 12,900 shares, the days-to-cover ratio is currently 0.0 days.

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

VSMV stock opened at $48.19 on Wednesday. VictoryShares US Multi-Factor Minimum Volatility ETF has a twelve month low of $42.00 and a twelve month high of $50.71. The company’s 50 day moving average is $49.20 and its two-hundred day moving average is $48.06. The stock has a market cap of $110.84 million, a P/E ratio of 18.68 and a beta of 0.79.

VictoryShares US Multi-Factor Minimum Volatility ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were issued a dividend of $0.0116 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

Institutional Trading of VictoryShares US Multi-Factor Minimum Volatility ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Tower Wealth Partners Inc. grew its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 2.3% during the second quarter. Tower Wealth Partners Inc. now owns 405,459 shares of the company’s stock worth $18,424,000 after acquiring an additional 8,973 shares during the last quarter. Jane Street Group LLC purchased a new position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF during the third quarter worth approximately $324,000. Finally, Lindenwold Advisors INC grew its position in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 5.2% during the third quarter. Lindenwold Advisors INC now owns 5,548 shares of the company’s stock worth $270,000 after acquiring an additional 275 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.