VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Down 71.1% in August

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 277 shares, a drop of 71.1% from the August 15th total of 960 shares. Based on an average trading volume of 9,818 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

CDC stock traded up $0.28 during mid-day trading on Friday, reaching $75.42. 11,247 shares of the company traded hands, compared to its average volume of 16,207. The company has a fifty day moving average price of $76.56 and a 200-day moving average price of $73.94. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52-week low of $64.30 and a 52-week high of $78.48. The company has a market capitalization of $731.57 million, a P/E ratio of -1,508.19 and a beta of 0.50.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were issued a $0.269 dividend. This represents a c) annualized dividend and a yield of 4.3%. The ex-dividend date of this dividend was Wednesday, September 9th. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.13. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is -4,739.34%.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Several institutional investors and hedge funds have recently modified their holdings of CDC. NewEdge Advisors LLC grew its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after purchasing an additional 48,686 shares in the last quarter. Russell Investments Group Ltd. lifted its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.4% during the fourth quarter. Russell Investments Group Ltd. now owns 25,888 shares of the company’s stock worth $1,706,000 after purchasing an additional 1,335 shares during the last quarter. Zions Bancorporation National Association UT purchased a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth about $949,000. Finally, Western Wealth Management LLC purchased a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth about $845,000.

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.