VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Sees Significant Increase in Short Interest

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the recipient of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 1,796 shares, an increase of 103.2% from the September 15th total of 884 shares. Based on an average daily volume of 1,249 shares, the days-to-cover ratio is currently 1.4 days. Approximately 0.0% of the shares of the stock are sold short.

VictoryShares Corporate Bond ETF Stock Performance

VictoryShares Corporate Bond ETF stock opened at $20.42 on Wednesday. The company has a 50-day moving average price of $20.90 and a 200 day moving average price of $21.24. VictoryShares Corporate Bond ETF has a 12-month low of $20.45 and a 12-month high of $22.04.

VictoryShares Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were issued a dividend of $0.0851 per share. The ex-dividend date was Thursday, October 8th. This represents a $1.02 dividend on an annualized basis and a dividend yield of 5.0%. This is a boost from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.0576.

About VictoryShares Corporate Bond ETF

The Victory Portfolios II VictoryShares Corporate Bond ETF (UCRD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that employs a proprietary ESG and credit rating methodology to select investment-grade corporate bonds. UCRD was launched on Oct 4, 2021 and is managed by VictoryShares.