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 recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 15,200 shares, a decline of 41.8% from the February 28th total of 26,100 shares. Based on an average daily volume of 28,100 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are sold short.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

Shares of CDC opened at $64.93 on Friday. The firm has a market capitalization of $785.65 million, a price-to-earnings ratio of -1,298.42 and a beta of 0.68. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 1-year low of $56.22 and a 1-year high of $67.76. The company has a 50-day moving average of $64.73 and a 200 day moving average of $64.56.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were issued a $0.2059 dividend. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.13. The ex-dividend date of this dividend was Monday, March 10th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -3,999.44%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of CDC. Ameriflex Group Inc. purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth $399,000. Integrated Wealth Concepts LLC raised its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 2.1% in the fourth quarter. Integrated Wealth Concepts LLC now owns 122,692 shares of the company’s stock valued at $7,678,000 after acquiring an additional 2,519 shares in the last quarter. Keystone Financial Group purchased a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter worth about $2,286,000. JPMorgan Chase & Co. bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth about $92,000. Finally, Noble Wealth Management PBC purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter valued at about $64,000.

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.