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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 26,100 shares, an increase of 443.8% from the February 13th total of 4,800 shares. Based on an average daily trading volume, of 28,500 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.2% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Farther Finance Advisors LLC lifted its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 61.3% during the third quarter. Farther Finance Advisors LLC now owns 413 shares of the company’s stock worth $27,000 after buying an additional 157 shares during the last quarter. Noble Wealth Management PBC bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter valued at approximately $64,000. JPMorgan Chase & Co. bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter valued at approximately $92,000. Integrated Wealth Concepts LLC increased its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 2.1% during the fourth quarter. Integrated Wealth Concepts LLC now owns 122,692 shares of the company’s stock valued at $7,678,000 after purchasing an additional 2,519 shares during the period. Finally, Ameriflex Group Inc. bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter valued at approximately $399,000.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Down 0.5 %

Shares of CDC stock opened at $63.30 on Thursday. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12 month low of $56.22 and a 12 month high of $67.76. The firm has a market cap of $765.93 million, a PE ratio of -1,265.82 and a beta of 0.68. The stock has a 50 day moving average of $64.24 and a 200-day moving average of $64.49.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were issued a dividend of $0.2059 per share. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.13. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is -4,119.42%.

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.