VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Sees Significant Increase in Short Interest

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 219,784 shares, an increase of 126.7% from the May 14th total of 96,947 shares. Based on an average daily trading volume, of 261,118 shares, the short-interest ratio is currently 0.8 days. Currently, 0.3% of the shares of the stock are sold short.

VictoryShares Core Plus Intermediate Bond ETF Price Performance

NASDAQ:UBND traded down $0.05 during trading hours on Friday, hitting $21.63. 259,968 shares of the stock were exchanged, compared to its average volume of 267,354. VictoryShares Core Plus Intermediate Bond ETF has a 52-week low of $21.39 and a 52-week high of $22.41. The firm’s fifty day moving average price is $21.71 and its 200 day moving average price is $21.90.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.0834 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date was Tuesday, June 9th.

Institutional Investors Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Large investors have recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA purchased a new stake in VictoryShares Core Plus Intermediate Bond ETF during the 4th quarter worth approximately $25,000. N.E.W. Advisory Services LLC purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter valued at approximately $26,000. Global Retirement Partners LLC purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the fourth quarter valued at approximately $33,000. Johnson Financial Group Inc. purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF in the first quarter valued at approximately $54,000. Finally, Comerica Bank grew its position in shares of VictoryShares Core Plus Intermediate Bond ETF by 44.4% in the first quarter. Comerica Bank now owns 2,597 shares of the company’s stock valued at $57,000 after purchasing an additional 799 shares in the last quarter.

About VictoryShares Core Plus Intermediate Bond ETF

The VictoryShares Core Plus Intermediate Bond ETF (UBND) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that holds intermediate-term bonds of any type and rating that exhibit positive ESG characteristics. UBND was launched on Oct 4, 2021 and is managed by VictoryShares.