Short Interest in VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) Rises By 34.5%

VictoryShares US Small Mid Cap Value Momentum ETF (NASDAQ:USVM) saw a large increase in short interest in October. As of October 15th, there was short interest totalling 7,400 shares, an increase of 34.5% from the September 30th total of 5,500 shares. Based on an average daily volume of 11,100 shares, the days-to-cover ratio is currently 0.7 days.

VictoryShares US Small Mid Cap Value Momentum ETF Price Performance

NASDAQ:USVM traded up $0.81 during trading hours on Monday, hitting $85.08. The company’s stock had a trading volume of 4,087 shares, compared to its average volume of 9,447. The stock has a fifty day simple moving average of $83.54 and a 200-day simple moving average of $80.31. The company has a market capitalization of $280.76 million, a P/E ratio of 11.30 and a beta of 1.11. VictoryShares US Small Mid Cap Value Momentum ETF has a twelve month low of $60.84 and a twelve month high of $87.09.

VictoryShares US Small Mid Cap Value Momentum ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were paid a $0.1848 dividend. The ex-dividend date was Tuesday, October 8th. This is a positive change from VictoryShares US Small Mid Cap Value Momentum ETF’s previous monthly dividend of $0.16. This represents a $2.22 annualized dividend and a yield of 2.61%.

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.