VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Sees Large Drop in Short Interest

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 1,233 shares, a decline of 39.5% from the June 15th total of 2,038 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,729 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. First Heartland Consultants Inc. acquired a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF during the 2nd quarter worth $204,000. Cetera Investment Advisers raised its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.3% in the 1st quarter. Cetera Investment Advisers now owns 435,532 shares of the company’s stock valued at $32,296,000 after purchasing an additional 5,722 shares in the last quarter. Fifth Third Bancorp acquired a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF in the 1st quarter valued at about $569,000. Patriot Financial Group Insurance Agency LLC raised its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 99.6% in 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. Finally, NewEdge Advisors LLC boosted its stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 10.3% in the 4th quarter. NewEdge Advisors LLC now owns 65,220 shares of the company’s stock valued at $4,816,000 after buying an additional 6,090 shares during the period.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Up 0.7%

VictoryShares US 500 Enhanced Volatility Wtd ETF stock traded up $0.54 during mid-day trading on Thursday, reaching $80.63. 1,049 shares of the company’s stock were exchanged, compared to its average volume of 6,547. The company has a market cap of $415.24 million, a P/E ratio of 20.50 and a beta of 0.63. VictoryShares US 500 Enhanced Volatility Wtd ETF has a twelve month low of $70.63 and a twelve month high of $81.30. The company has a fifty day moving average of $78.72 and a 200-day moving average of $77.02.

VictoryShares US 500 Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a dividend of $0.0813 per share. The ex-dividend date of this dividend was Thursday, July 9th.

About VictoryShares US 500 Enhanced Volatility Wtd ETF

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.