Short Interest in VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) Increases By 202.6%

VictoryShares Core Plus Intermediate Bond ETF (NASDAQ:UBND) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 39,411 shares, an increase of 202.6% from the July 30th total of 13,024 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 175,214 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On VictoryShares Core Plus Intermediate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA acquired a new position in VictoryShares Core Plus Intermediate Bond ETF in the 4th quarter worth $25,000. Global Retirement Partners LLC purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the fourth quarter worth about $33,000. Johnson Financial Group Inc. purchased a new stake in shares of VictoryShares Core Plus Intermediate Bond ETF during the first quarter worth about $54,000. Comerica Bank lifted its stake 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 worth $57,000 after acquiring an additional 799 shares in the last quarter. Finally, Fifth Third Bancorp acquired a new position in shares of VictoryShares Core Plus Intermediate Bond ETF in the first quarter worth about $77,000.

VictoryShares Core Plus Intermediate Bond ETF Stock Down 0.2%

Shares of NASDAQ:UBND opened at $21.40 on Friday. The company has a 50 day moving average of $21.51 and a two-hundred day moving average of $21.71. VictoryShares Core Plus Intermediate Bond ETF has a 52-week low of $21.34 and a 52-week high of $22.41.

VictoryShares Core Plus Intermediate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were paid a $0.0819 dividend. The ex-dividend date was Friday, August 7th.

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.