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

VictoryShares Core Intermediate Bond ETF (NASDAQ:UITB) saw a significant growth in short interest in January. As of January 31st, there was short interest totalling 19,000 shares, a growth of 341.9% from the January 15th total of 4,300 shares. Based on an average trading volume of 214,000 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On VictoryShares Core Intermediate Bond ETF

Several institutional investors have recently bought and sold shares of UITB. Raymond James Financial Inc. purchased a new position in shares of VictoryShares Core Intermediate Bond ETF in the 4th quarter worth $35,994,000. LPL Financial LLC grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 108.3% in the 4th quarter. LPL Financial LLC now owns 1,253,462 shares of the company’s stock worth $57,609,000 after buying an additional 651,567 shares in the last quarter. Bogart Wealth LLC grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 36.9% in the 4th quarter. Bogart Wealth LLC now owns 1,760,244 shares of the company’s stock worth $80,901,000 after buying an additional 474,119 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 184.2% in the 4th quarter. Wells Fargo & Company MN now owns 498,140 shares of the company’s stock worth $22,895,000 after buying an additional 322,876 shares in the last quarter. Finally, Financial Services Advisory Inc grew its stake in shares of VictoryShares Core Intermediate Bond ETF by 909.1% in the 3rd quarter. Financial Services Advisory Inc now owns 212,211 shares of the company’s stock worth $10,171,000 after buying an additional 191,182 shares in the last quarter.

VictoryShares Core Intermediate Bond ETF Stock Performance

UITB traded up $0.23 during trading on Thursday, hitting $46.10. 24,257 shares of the company traded hands, compared to its average volume of 289,612. The stock’s 50-day simple moving average is $46.10 and its two-hundred day simple moving average is $46.87. VictoryShares Core Intermediate Bond ETF has a 1 year low of $45.00 and a 1 year high of $48.31.

VictoryShares Core Intermediate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were paid a dividend of $0.1528 per share. This is a boost from VictoryShares Core Intermediate Bond ETF’s previous dividend of $0.03. The ex-dividend date was Friday, February 7th.

About VictoryShares Core Intermediate Bond ETF

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.