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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 50,900 shares, an increase of 8.5% from the May 31st total of 46,900 shares. Based on an average daily volume of 44,600 shares, the days-to-cover ratio is currently 1.1 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Down 0.1 %

VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock traded down $0.08 during mid-day trading on Wednesday, hitting $58.37. The stock had a trading volume of 11,296 shares, compared to its average volume of 70,506. The firm’s 50 day moving average is $58.90 and its 200 day moving average is $57.57. The firm has a market capitalization of $860.96 million, a P/E ratio of -1,168.84 and a beta of 0.68. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a one year low of $54.50 and a one year high of $60.52.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, June 13th. Investors of record on Wednesday, June 12th were given a dividend of $0.2216 per share. The ex-dividend date was Wednesday, June 12th. This represents a $2.66 annualized dividend and a dividend yield of 4.56%. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.21. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is currently -4,839.32%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Cambridge Investment Research Advisors Inc. grew its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 2.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 176,747 shares of the company’s stock after purchasing an additional 4,949 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 1.18% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF worth $10,522,000 at the end of the most recent reporting period.

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.