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

VictoryShares Corporate Bond ETF (NASDAQ:UCRDGet Free Report) saw a significant decrease in short interest in December. As of December 31st, there was short interest totaling 72 shares, a decrease of 58.1% from the December 15th total of 172 shares. Based on an average daily volume of 37 shares, the short-interest ratio is presently 1.9 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 37 shares, the short-interest ratio is presently 1.9 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. increased its stake in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRDFree Report) by 1.4% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 6,608,904 shares of the company’s stock after acquiring 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 at the end of the most recent reporting period.

VictoryShares Corporate Bond ETF Stock Performance

Shares of UCRD traded down $0.01 during midday trading on Friday, hitting $21.76. The company had a trading volume of 4 shares, compared to its average volume of 18,273. VictoryShares Corporate Bond ETF has a 1 year low of $20.56 and a 1 year high of $22.04. The company’s 50-day simple moving average is $21.75 and its 200-day simple moving average is $21.68.

VictoryShares Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, January 9th. Shareholders of record on Thursday, January 8th were given a dividend of $0.0191 per share. This represents a c) annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Thursday, January 8th.

About VictoryShares Corporate Bond ETF

(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.

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