VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Significant Growth in Short Interest

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 5,100 shares, a growth of 30.8% from the November 15th total of 3,900 shares. Based on an average daily volume of 27,200 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

An institutional investor recently raised its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC increased its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 413 shares of the company’s stock after purchasing an additional 157 shares during the quarter. Farther Finance Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $27,000 as of its most recent SEC filing.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

CDC stock traded down $0.11 on Friday, hitting $64.06. 33,026 shares of the company’s stock were exchanged, compared to its average volume of 51,287. The firm has a 50 day moving average price of $65.50 and a two-hundred day moving average price of $62.74. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12-month low of $54.50 and a 12-month high of $67.76. The stock has a market cap of $816.77 million, a P/E ratio of -1,281.02 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 13th. Investors of record on Thursday, December 12th were given a $0.4142 dividend. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Thursday, December 12th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is presently -4,199.41%.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

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.