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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 2,602 shares, a decline of 75.2% from the May 14th total of 10,479 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 8,704 shares, the short-interest ratio is presently 0.3 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.8%

CDC stock traded up $0.57 during midday trading on Thursday, hitting $73.97. The company’s stock had a trading volume of 188,363 shares, compared to its average volume of 18,251. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52-week low of $62.65 and a 52-week high of $74.07. The firm has a market capitalization of $739.70 million, a P/E ratio of -1,479.19 and a beta of 0.51. The firm has a 50-day simple moving average of $72.36 and a 200-day simple moving average of $70.33.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were issued a $0.2827 dividend. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, June 9th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is -4,639.35%.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A number of hedge funds have recently bought and sold shares of CDC. Russell Investments Group Ltd. acquired a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the second quarter worth about $703,000. NewEdge Advisors LLC raised its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after acquiring an additional 48,686 shares in the last quarter. Strategic Blueprint LLC lifted its stake 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 acquiring an additional 2,441 shares during the last quarter. Western Wealth Management LLC acquired a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $845,000. Finally, Zions Bancorporation National Association UT acquired a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $949,000.

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.