VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Update

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 277 shares, a decline of 71.1% from the August 15th total of 960 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,818 shares, the days-to-cover ratio is presently 0.0 days.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Western Wealth Management LLC bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $845,000. Russell Investments Group Ltd. lifted its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 122.4% in the third quarter. Russell Investments Group Ltd. now owns 24,553 shares of the company’s stock valued at $1,639,000 after purchasing an additional 13,513 shares during the last quarter. NewEdge Advisors LLC lifted its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the third 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 during the last quarter. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter valued at approximately $949,000.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

CDC traded up $0.28 during midday trading on Friday, hitting $75.42. The stock had a trading volume of 11,247 shares, compared to its average volume of 16,207. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 1 year low of $64.30 and a 1 year high of $78.48. The business has a fifty day moving average of $76.56 and a 200 day moving average of $73.94. The company has a market cap of $731.57 million, a P/E ratio of -1,508.19 and a beta of 0.50.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were paid a $0.269 dividend. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.13. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is currently -4,739.34%.

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.