VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) Sees Significant Drop in Short Interest

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 61,100 shares, a decline of 27.8% from the October 15th total of 84,600 shares. Based on an average daily volume of 146,100 shares, the days-to-cover ratio is currently 0.4 days.

VictoryShares Core Intermediate Bond ETF Stock Down 0.1 %

VictoryShares Core Intermediate Bond ETF stock opened at $46.27 on Friday. The company has a fifty day moving average price of $47.35 and a two-hundred day moving average price of $46.80. VictoryShares Core Intermediate Bond ETF has a 12 month low of $44.80 and a 12 month high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were issued a $0.1594 dividend. This represents a $1.91 dividend on an annualized basis and a yield of 4.13%. The ex-dividend date was Thursday, November 7th. This is an increase from VictoryShares Core Intermediate Bond ETF’s previous monthly dividend of $0.12.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Hedge funds have recently added to or reduced their stakes in the business. Morton Brown Family Wealth LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the second quarter valued at $30,000. Harbour Investments Inc. lifted its stake in VictoryShares Core Intermediate Bond ETF by 7,720.9% in the second quarter. Harbour Investments Inc. now owns 3,363 shares of the company’s stock valued at $155,000 after buying an additional 3,320 shares during the last quarter. Raymond James Trust N.A. bought a new stake in VictoryShares Core Intermediate Bond ETF in the second quarter valued at $205,000. Princeton Global Asset Management LLC bought a new stake in VictoryShares Core Intermediate Bond ETF in the third quarter valued at $292,000. Finally, Wedmont Private Capital bought a new stake in VictoryShares Core Intermediate Bond ETF in the second quarter valued at $300,000.

VictoryShares Core Intermediate Bond ETF Company Profile

The Victory Portfolios II VictoryShares Core Intermediate Bond ETF (UITB) is an exchange-traded fund that is based on the Bloomberg US Aggregate Bond index. The fund is an actively managed bond fund that invests primarily in US issues with a dollar-weighted average maturity of three to ten years. UITB was launched on Oct 24, 2017 and is managed by VictoryShares.