VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Shares Shorted: Short Interest Up 215.7% in October

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the target of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 4,224 shares, an increase of 215.7% from the October 15th total of 1,338 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 3,516 shares, the short-interest ratio is currently 1.2 days.

VictoryShares Corporate Bond ETF Stock Performance

NASDAQ:UCRD opened at $20.72 on Thursday. The business has a 50 day simple moving average of $20.74 and a 200 day simple moving average of $21.29. VictoryShares Corporate Bond ETF has a 12-month low of $20.45 and a 12-month high of $21.98.

VictoryShares Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, November 9th. Shareholders of record on Friday, November 6th were paid a $0.0751 dividend. The ex-dividend date was Friday, November 6th. This is a negative change from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.0851. This represents a $0.90 dividend on an annualized basis and a yield of 4.4%.

VictoryShares Corporate Bond ETF Company Profile

The Victory Portfolios II VictoryShares Corporate Bond ETF (UCRD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that employs a proprietary ESG and credit rating methodology to select investment-grade corporate bonds. UCRD was launched on Oct 4, 2021 and is managed by VictoryShares.