VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Sees Large Drop in Short Interest

VictoryShares Corporate Bond ETF (NASDAQ:UCRDGet Free Report) saw a significant decline in short interest in the month of May. As of May 15th, there was short interest totaling 1,197 shares, a decline of 59.7% from the April 30th total of 2,967 shares. Based on an average daily trading volume, of 205 shares, the days-to-cover ratio is currently 5.8 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Trading of VictoryShares Corporate Bond ETF

An institutional investor recently raised its position in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. grew its position in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRDFree Report) by 1.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,608,904 shares of the company’s stock after purchasing an additional 92,886 shares during the period. Victory Capital Management Inc. owned approximately 99.68% of VictoryShares Corporate Bond ETF worth $144,173,000 as of its most recent SEC filing.

VictoryShares Corporate Bond ETF Trading Down 0.0%

UCRD opened at $21.54 on Tuesday. VictoryShares Corporate Bond ETF has a 52-week low of $21.05 and a 52-week high of $22.04. The company has a 50 day moving average of $21.48 and a two-hundred day moving average of $21.66.

VictoryShares Corporate Bond ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were paid a dividend of $0.073 per share. The ex-dividend date was Friday, May 8th.

VictoryShares Corporate Bond ETF Company Profile

(Get Free Report)

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.

Further Reading

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