Short Interest in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Increases By 100.0%

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the target of a significant increase in short interest in April. As of April 15th, there was short interest totalling 200 shares, an increase of 100.0% from the March 31st total of 100 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. lifted its stake in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 3.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 5,310,771 shares of the company’s stock after purchasing an additional 190,000 shares during the quarter. Victory Capital Management Inc. owned 99.83% of VictoryShares Corporate Bond ETF worth $105,165,000 as of its most recent filing with the Securities and Exchange Commission.

VictoryShares Corporate Bond ETF Stock Performance

NASDAQ UCRD opened at $20.53 on Friday. The business has a fifty day moving average price of $20.84 and a two-hundred day moving average price of $20.63. VictoryShares Corporate Bond ETF has a fifty-two week low of $19.19 and a fifty-two week high of $21.38.

VictoryShares Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Investors of record on Friday, April 12th were given a dividend of $0.0723 per share. This is an increase from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a $0.87 annualized dividend and a dividend yield of 4.23%. The ex-dividend date of this dividend was Thursday, April 11th.

About VictoryShares Corporate Bond ETF

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.