VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Down 88.4% in June

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 302 shares, a decrease of 88.4% from the May 31st total of 2,602 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 34,573 shares, the days-to-cover ratio is currently 0.0 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Up 0.8%

Shares of NASDAQ:CDC traded up $0.60 during trading on Friday, reaching $75.19. 3,866 shares of the stock were exchanged, compared to its average volume of 17,756. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12 month low of $63.22 and a 12 month high of $75.35. The firm has a market cap of $751.90 million, a PE ratio of -1,503.59 and a beta of 0.51. The stock has a 50-day moving average price of $72.82 and a 200-day moving average price of $70.90.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in CDC. NewEdge Advisors LLC lifted its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after buying an additional 48,686 shares in the last quarter. Strategic Blueprint LLC increased its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock worth $3,941,000 after acquiring an additional 2,441 shares during the period. Russell Investments Group Ltd. raised its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.4% in the 4th quarter. Russell Investments Group Ltd. now owns 25,888 shares of the company’s stock worth $1,706,000 after purchasing an additional 1,335 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at about $949,000. Finally, Western Wealth Management LLC bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at about $845,000.

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.