VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Sees Large Decline in Short Interest

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 111 shares, a decrease of 73.6% from the July 15th total of 420 shares. Based on an average daily volume of 5,337 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

VictoryShares US 500 Volatility Wtd ETF Stock Performance

NASDAQ CFA traded up $0.12 on Friday, hitting $103.11. 6,962 shares of the stock traded hands, compared to its average volume of 7,166. The business’s fifty day moving average is $99.28 and its two-hundred day moving average is $96.18. VictoryShares US 500 Volatility Wtd ETF has a 12 month low of $87.20 and a 12 month high of $103.11. The firm has a market capitalization of $556.79 million, a price-to-earnings ratio of 20.50 and a beta of 0.85.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were given a dividend of $0.0516 per share. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend was Friday, August 7th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Western Wealth Management LLC purchased a new stake in VictoryShares US 500 Volatility Wtd ETF in the 1st quarter worth about $60,000. Kestra Advisory Services LLC purchased a new stake in VictoryShares US 500 Volatility Wtd ETF during the fourth quarter valued at about $82,000. First Bancorp Inc ME purchased a new stake in VictoryShares US 500 Volatility Wtd ETF during the second quarter valued at about $123,000. JPMorgan Chase & Co. boosted its position in VictoryShares US 500 Volatility Wtd ETF by 571.9% during the second quarter. JPMorgan Chase & Co. now owns 2,130 shares of the company’s stock worth $187,000 after purchasing an additional 1,813 shares during the period. Finally, Quantinno Capital Management LP bought a new position in VictoryShares US 500 Volatility Wtd ETF during the second quarter worth about $296,000.

About VictoryShares US 500 Volatility Wtd ETF

The VictoryShares US 500 Volatility Wtd ETF (CFA) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. CFA was launched on Jul 2, 2014 and is managed by VictoryShares.