VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Stock Short Interest Declines 99.1%

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) saw a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 1 shares, a decrease of 99.1% from the September 15th total of 110 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average trading volume of 8,022 shares, the days-to-cover ratio is currently 0.0 days.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Up 0.4%

NASDAQ CFO traded up $0.28 during trading on Friday, reaching $79.35. 4,304 shares of the stock traded hands, compared to its average volume of 6,178. The firm has a market cap of $400.72 million, a price-to-earnings ratio of 20.50 and a beta of 0.62. The stock’s 50-day moving average price is $80.73 and its 200 day moving average price is $78.98. VictoryShares US 500 Enhanced Volatility Wtd ETF has a fifty-two week low of $70.78 and a fifty-two week high of $83.51.

VictoryShares US 500 Enhanced Volatility Wtd ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Friday, October 9th. Investors of record on Thursday, October 8th will be given a $0.0843 dividend. The ex-dividend date is Thursday, October 8th. This represents a $1.01 dividend on an annualized basis and a dividend yield of 1.3%. This is a decrease from VictoryShares US 500 Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.1285.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Patriot Financial Group Insurance Agency LLC lifted its holdings in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 99.6% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 46,774 shares of the company’s stock valued at $3,468,000 after purchasing an additional 23,337 shares in the last quarter. Fifth Third Bancorp bought a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF during the 1st quarter worth approximately $569,000. Horizons Wealth Management bought a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF during the 3rd quarter worth approximately $70,000. Integrated Wealth Concepts LLC raised its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 0.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 102,274 shares of the company’s stock worth $8,190,000 after buying an additional 554 shares during the period. Finally, First Heartland Consultants Inc. acquired a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF during the 2nd quarter worth approximately $204,000.

VictoryShares US 500 Enhanced Volatility Wtd ETF Company Profile

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.