VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Short Interest Up 742.1% in March

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the recipient of a large increase in short interest in March. As of March 13th, there was short interest totaling 1,920 shares, an increase of 742.1% from the February 26th total of 228 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 439 shares, the short-interest ratio is currently 4.4 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. grew its stake in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 2.7% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund 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 quarter.

VictoryShares Corporate Bond ETF Stock Performance

Shares of VictoryShares Corporate Bond ETF stock traded down $0.07 during trading on Thursday, reaching $21.38. The stock had a trading volume of 6 shares, compared to its average volume of 3,728. The stock has a fifty day moving average price of $21.73 and a two-hundred day moving average price of $21.78. VictoryShares Corporate Bond ETF has a 52 week low of $20.56 and a 52 week high of $22.04.

VictoryShares Corporate Bond ETF Increases Dividend

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

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.