VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) Short Interest Down 93.7% in March

VictoryShares US Multi-Factor Minimum Volatility ETF (NASDAQ:VSMV) saw a large drop in short interest in the month of March. As of March 15th, there was short interest totalling 500 shares, a drop of 93.7% from the February 28th total of 7,900 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 9,000 shares, the days-to-cover ratio is currently 0.1 days.

VictoryShares US Multi-Factor Minimum Volatility ETF Price Performance

NASDAQ VSMV opened at $48.46 on Friday. The company has a market cap of $111.46 million, a P/E ratio of 21.25 and a beta of 0.79. The stock has a 50-day moving average of $48.85 and a two-hundred day moving average of $48.79. VictoryShares US Multi-Factor Minimum Volatility ETF has a 1-year low of $42.82 and a 1-year high of $50.71.

VictoryShares US Multi-Factor Minimum Volatility ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were issued a $0.07 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a boost from VictoryShares US Multi-Factor Minimum Volatility ETF’s previous dividend of $0.03.

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

Large investors have recently added to or reduced their stakes in the business. Legacy Solutions LLC purchased a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the 4th quarter valued at approximately $299,000. Cetera Investment Advisers raised its stake in shares of VictoryShares US Multi-Factor Minimum Volatility ETF by 15.8% in the fourth quarter. Cetera Investment Advisers now owns 6,667 shares of the company’s stock valued at $320,000 after acquiring an additional 912 shares in the last quarter. Jane Street Group LLC purchased a new position in VictoryShares US Multi-Factor Minimum Volatility ETF in the third quarter valued at $324,000. Independent Advisor Alliance acquired a new position in VictoryShares US Multi-Factor Minimum Volatility ETF during the 4th quarter worth $496,000. Finally, Two Sigma Investments LP grew its stake in VictoryShares US Multi-Factor Minimum Volatility ETF by 89.2% during the 4th quarter. Two Sigma Investments LP now owns 19,300 shares of the company’s stock worth $927,000 after purchasing an additional 9,100 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.