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

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the target of a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 228 shares, a decrease of 30.5% from the February 12th total of 328 shares. Based on an average daily volume of 20 shares, the short-interest ratio is currently 11.4 days. Approximately 0.0% of the shares of the company are short sold. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 20 shares, the short-interest ratio is currently 11.4 days.

Institutional Investors Weigh In On VictoryShares Corporate Bond ETF

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. grew its holdings in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 2.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,788,904 shares of the company’s stock after purchasing an additional 180,000 shares during the quarter. Victory Capital Management Inc. owned about 96.98% of VictoryShares Corporate Bond ETF worth $147,353,000 at the end of the most recent reporting period.

VictoryShares Corporate Bond ETF Price Performance

NASDAQ:UCRD opened at $21.36 on Friday. The business has a fifty day simple moving average of $21.78 and a two-hundred day simple moving average of $21.79. VictoryShares Corporate Bond ETF has a 1 year low of $20.56 and a 1 year high of $22.04.

VictoryShares Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were issued a $0.0755 dividend. This is an increase from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a c) annualized dividend and a yield of 4.2%.

VictoryShares Corporate Bond ETF Company Profile

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.