Short Interest in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Increases By 228.6%

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 2,300 shares, a growth of 228.6% from the December 15th total of 700 shares. Based on an average daily volume of 8,600 shares, the days-to-cover ratio is presently 0.3 days.

VictoryShares US Small Mid Cap Value Momentum ETF Trading Down 0.1 %

USVM stock traded down $0.06 during mid-day trading on Thursday, hitting $85.95. The stock had a trading volume of 78,975 shares, compared to its average volume of 502,665. VictoryShares US Small Mid Cap Value Momentum ETF has a 1-year low of $70.69 and a 1-year high of $93.41. The company has a fifty day moving average of $87.69 and a 200 day moving average of $84.24. The stock has a market capitalization of $296.53 million, a price-to-earnings ratio of 11.30 and a beta of 1.11.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a $0.0766 dividend. The ex-dividend date was Wednesday, January 8th.

About VictoryShares US Small Mid Cap Value Momentum ETF

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.