VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Large Decrease in Short Interest

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the target of a large decrease in short interest in May. As of May 15th, there was short interest totaling 10,479 shares, a decrease of 63.7% from the April 30th total of 28,854 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 10,435 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. NewEdge Advisors LLC lifted its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the 3rd quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after purchasing an additional 48,686 shares in the last quarter. Zions Bancorporation National Association UT acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at about $949,000. Russell Investments Group Ltd. boosted its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 122.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 24,553 shares of the company’s stock valued at $1,639,000 after buying an additional 13,513 shares during the period. Western Wealth Management LLC acquired a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter valued at approximately $845,000. Finally, Strategic Blueprint LLC increased its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% in the fourth quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock worth $3,941,000 after buying an additional 2,441 shares during the period.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock traded down $0.22 during midday trading on Friday, reaching $72.77. The company’s stock had a trading volume of 5,348 shares, compared to its average volume of 16,545. The firm has a market capitalization of $727.70 million, a PE ratio of -1,455.20 and a beta of 0.52. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a fifty-two week low of $62.11 and a fifty-two week high of $74.07. The stock’s 50 day simple moving average is $71.99 and its 200 day simple moving average is $69.91.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were issued a dividend of $0.1074 per share. This represents a c) dividend on an annualized basis and a yield of 1.8%. The ex-dividend date was Friday, May 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is -4,579.36%.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

The VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 100 high-yield stocks pulled from the largest 500 US stocks, with an earnings screen and volatility weighting. CDC was launched on Jul 2, 2014 and is managed by VictoryShares.