VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Sees Significant Increase in Short Interest

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVMGet Free Report) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 20,100 shares, an increase of 857.1% from the January 15th total of 2,100 shares. Based on an average daily volume of 121,900 shares, the days-to-cover ratio is presently 0.2 days.

VictoryShares US Small Mid Cap Value Momentum ETF Trading Down 1.1 %

VictoryShares US Small Mid Cap Value Momentum ETF stock traded down $0.92 on Wednesday, hitting $84.92. 4,367 shares of the stock traded hands, compared to its average volume of 269,127. The business’s fifty day simple moving average is $86.44 and its 200 day simple moving average is $85.21. The firm has a market cap of $853.40 million, a P/E ratio of 11.30 and a beta of 1.11. VictoryShares US Small Mid Cap Value Momentum ETF has a 1 year low of $72.50 and a 1 year high of $93.41.

VictoryShares US Small Mid Cap Value Momentum ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were paid a dividend of $0.0307 per share. The ex-dividend date of this dividend was Friday, February 7th.

Hedge Funds Weigh In On VictoryShares US Small Mid Cap Value Momentum ETF

A hedge fund recently bought a new stake in VictoryShares US Small Mid Cap Value Momentum ETF stock. Comprehensive Financial Planning Inc. PA acquired a new position in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVMFree Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 1,570 shares of the company’s stock, valued at approximately $132,000.

About VictoryShares US Small Mid Cap Value Momentum ETF

(Get Free Report)

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.

Further Reading

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