VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Sees Large Drop in Short Interest

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) was the recipient of a significant drop in short interest in June. As of June 30th, there was short interest totaling 1,233 shares, a drop of 39.5% from the June 15th total of 2,038 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 4,729 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On VictoryShares US 500 Enhanced Volatility Wtd ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Flagship Harbor Advisors LLC acquired a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF in the fourth quarter valued at $108,000. Key Capital Management INC acquired a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 4th quarter worth about $173,000. First Heartland Consultants Inc. acquired a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 2nd quarter worth about $204,000. HRT Financial LP acquired a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 4th quarter worth about $281,000. Finally, Flow Traders U.S. LLC purchased a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF during the second quarter worth approximately $406,000.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Up 0.7%

VictoryShares US 500 Enhanced Volatility Wtd ETF stock traded up $0.54 during trading on Thursday, reaching $80.63. The stock had a trading volume of 1,049 shares, compared to its average volume of 6,547. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 52-week low of $70.63 and a 52-week high of $81.30. The stock has a market cap of $415.24 million, a PE ratio of 20.50 and a beta of 0.63. The business has a 50 day moving average price of $78.72 and a 200 day moving average price of $77.02.

VictoryShares US 500 Enhanced Volatility Wtd ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a dividend of $0.0813 per share. The ex-dividend date of this dividend was Thursday, July 9th.

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.