VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Down 75.2% in May

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,602 shares, a decline of 75.2% from the May 14th total of 10,479 shares. Based on an average trading volume of 8,704 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 1.0%

CDC traded up $0.73 during trading hours on Friday, reaching $74.41. 19,222 shares of the company’s stock traded hands, compared to its average volume of 18,313. The firm has a 50-day moving average price of $72.41 and a 200 day moving average price of $70.39. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52-week low of $62.65 and a 52-week high of $74.47. The firm has a market capitalization of $744.10 million, a PE ratio of -1,487.99 and a beta of 0.51.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.2827 per share. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.25. The ex-dividend date of this dividend was Tuesday, June 9th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is -4,639.35%.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Several hedge funds have recently made changes to their positions in CDC. Russell Investments Group Ltd. bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 2nd quarter valued at about $703,000. Western Wealth Management LLC bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at about $845,000. Zions Bancorporation National Association UT bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at about $949,000. Strategic Blueprint LLC raised its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% in the 4th quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock valued at $3,941,000 after purchasing an additional 2,441 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the 3rd quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after purchasing an additional 48,686 shares in the last quarter.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

The VictoryShares US EQ Income Enhanced Volatility Wtd ETF (CDC) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 100 high-yield stocks pulled from the largest 500 US stocks, with an earnings screen and volatility weighting. CDC was launched on Jul 2, 2014 and is managed by VictoryShares.