VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Stock Short Interest Drops 77.7%

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) was the target of a significant decline in short interest during the month of September. As of September 15th, there was short interest totaling 110 shares, a decline of 77.7% from the August 31st total of 494 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 3,887 shares, the days-to-cover ratio is presently 0.0 days.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Performance

Shares of CFO traded up $0.23 during trading hours on Friday, hitting $78.54. The company had a trading volume of 8,515 shares, compared to its average volume of 6,232. The stock has a market capitalization of $400.55 million, a price-to-earnings ratio of 20.50 and a beta of 0.63. The firm has a fifty day moving average price of $81.16 and a 200-day moving average price of $78.71. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 52-week low of $70.78 and a 52-week high of $83.51.

VictoryShares US 500 Enhanced Volatility Wtd ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were given a $0.1285 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $1.54 annualized dividend and a yield of 2.0%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. First Heartland Consultants Inc. bought a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF during the 2nd quarter valued at about $204,000. Fifth Third Bancorp bought a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF during the first quarter valued at approximately $569,000. Patriot Financial Group Insurance Agency LLC boosted its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 99.6% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 46,774 shares of the company’s stock worth $3,468,000 after purchasing an additional 23,337 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 0.5% in the second quarter. Integrated Wealth Concepts LLC now owns 102,274 shares of the company’s stock worth $8,190,000 after purchasing an additional 554 shares during the last quarter. Finally, Cetera Investment Advisers grew its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.3% in the 1st quarter. Cetera Investment Advisers now owns 435,532 shares of the company’s stock worth $32,296,000 after purchasing an additional 5,722 shares during the period.

VictoryShares US 500 Enhanced Volatility Wtd ETF Company Profile

The VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) 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. The fund can move to 75% cash maximum in market downturns. CFO was launched on Jul 2, 2014 and is managed by VictoryShares.