VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Sees Significant Decline in Short Interest

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 494 shares, a decline of 42.4% from the August 15th total of 857 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 4,227 shares, the short-interest ratio is currently 0.1 days.

VictoryShares US 500 Enhanced Volatility Wtd ETF Price Performance

Shares of CFO stock opened at $79.31 on Friday. The company has a market capitalization of $408.45 million, a P/E ratio of 20.50 and a beta of 0.63. The company’s 50-day simple moving average is $81.35 and its two-hundred day simple moving average is $78.66. VictoryShares US 500 Enhanced Volatility Wtd ETF has a one year low of $70.78 and a one year high of $83.51.

VictoryShares US 500 Enhanced Volatility Wtd ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were paid a $0.1285 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a c) annualized dividend and a yield of 1.9%.

Institutional Investors Weigh In On VictoryShares US 500 Enhanced Volatility Wtd ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC grew its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 0.5% during the second quarter. Integrated Wealth Concepts LLC now owns 102,274 shares of the company’s stock worth $8,190,000 after acquiring an additional 554 shares during the period. First Heartland Consultants Inc. purchased a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF during the second quarter valued at approximately $204,000. Clearstead Advisors LLC lifted its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 8.8% in the fourth quarter. Clearstead Advisors LLC now owns 61,614 shares of the company’s stock valued at $4,550,000 after acquiring an additional 4,964 shares during the period. Cetera Investment Advisers lifted its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.3% in the first quarter. Cetera Investment Advisers now owns 435,532 shares of the company’s stock valued at $32,296,000 after acquiring an additional 5,722 shares during the period. Finally, Fifth Third Bancorp purchased a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF in the 1st quarter worth approximately $569,000.

About VictoryShares US 500 Enhanced Volatility Wtd ETF

The VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. The fund can move to 75% cash maximum in market downturns. CFO was launched on Jul 2, 2014 and is managed by VictoryShares.