VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Update

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 10,800 shares, a decrease of 28.9% from the March 15th total of 15,200 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 32,400 shares, the short-interest ratio is presently 0.3 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

NASDAQ CDC traded up $0.82 on Friday, reaching $61.31. 14,349 shares of the company’s stock traded hands, compared to its average volume of 32,571. The stock has a market cap of $717.33 million, a PE ratio of -1,226.03 and a beta of 0.68. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12 month low of $57.37 and a 12 month high of $67.76. The stock has a 50-day simple moving average of $63.75 and a 200 day simple moving average of $64.25.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, April 11th. Investors of record on Thursday, April 10th were issued a dividend of $0.221 per share. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $2.65 annualized dividend and a dividend yield of 4.32%. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.12. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is currently -4,139.42%.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Hedge funds have recently added to or reduced their stakes in the business. Comprehensive Financial Planning Inc. PA purchased a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter worth about $451,000. Noble Wealth Management PBC bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $64,000. JPMorgan Chase & Co. purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth approximately $92,000. Keystone Financial Group purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth approximately $2,286,000. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 2.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 122,692 shares of the company’s stock valued at $7,678,000 after purchasing an additional 2,519 shares during the period.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

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.