VictoryShares US Discovery Enhanced Volatility Wtd ETF (NASDAQ:CSF) Short Interest Up 233.3% in March

VictoryShares US Discovery Enhanced Volatility Wtd ETF (NASDAQ:CSF) saw a large increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,000 shares, an increase of 233.3% from the February 28th total of 300 shares. Based on an average daily trading volume, of 5,600 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Cetera Investment Advisers raised its position in VictoryShares US Discovery Enhanced Volatility Wtd ETF by 1.8% in the 4th quarter. Cetera Investment Advisers now owns 49,086 shares of the exchange traded fund’s stock valued at $2,694,000 after buying an additional 878 shares during the last quarter. Bank of America Corp DE raised its holdings in shares of VictoryShares US Discovery Enhanced Volatility Wtd ETF by 2.9% in the fourth quarter. Bank of America Corp DE now owns 47,543 shares of the exchange traded fund’s stock valued at $2,609,000 after purchasing an additional 1,330 shares during the last quarter. Keystone Financial Group bought a new position in shares of VictoryShares US Discovery Enhanced Volatility Wtd ETF during the fourth quarter valued at about $235,000. Finally, Raymond James Financial Inc. bought a new position in shares of VictoryShares US Discovery Enhanced Volatility Wtd ETF during the fourth quarter valued at about $5,261,000.

VictoryShares US Discovery Enhanced Volatility Wtd ETF Price Performance

Shares of VictoryShares US Discovery Enhanced Volatility Wtd ETF stock traded down $0.97 during trading on Friday, reaching $51.35. 8,027 shares of the company traded hands, compared to its average volume of 3,849. The company has a 50 day moving average price of $54.57 and a 200-day moving average price of $55.26. VictoryShares US Discovery Enhanced Volatility Wtd ETF has a 1-year low of $47.72 and a 1-year high of $60.63. The firm has a market capitalization of $38.51 million, a PE ratio of 16.36 and a beta of 0.70.

VictoryShares US Discovery Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were given a $0.0974 dividend. The ex-dividend date of this dividend was Monday, March 10th.

About VictoryShares US Discovery Enhanced Volatility Wtd ETF

The Cash Store Financial Services Inc under its Cash Store Financial, Instaloans and The Title Store banners, provides consumers with alternative financial products and services, serving everyday people for whom traditional banking may be inconvenient or unavailable. The Company acts as both a broker and lender of short term advances and offers a range of other products and services to help customers meet their day to day financial service needs.