VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Down 88.4% in June

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the target of a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 302 shares, a decline of 88.4% from the May 31st total of 2,602 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 34,573 shares, the short-interest ratio is presently 0.0 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

NASDAQ:CDC traded up $0.60 during trading hours on Friday, reaching $75.19. 3,866 shares of the company were exchanged, compared to its average volume of 17,756. The company has a market capitalization of $751.90 million, a P/E ratio of -1,503.59 and a beta of 0.51. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 1-year low of $63.22 and a 1-year high of $75.35. The business has a 50 day moving average of $72.82 and a 200 day moving average of $70.90.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.2827 per share. The ex-dividend date was Tuesday, June 9th. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.25. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is currently -4,639.35%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Russell Investments Group Ltd. bought a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter worth $703,000. NewEdge Advisors LLC lifted its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after purchasing an additional 48,686 shares during the period. Strategic Blueprint LLC grew its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock worth $3,941,000 after buying an additional 2,441 shares in the last quarter. Western Wealth Management LLC acquired a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter worth about $845,000. Finally, Zions Bancorporation National Association UT bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at about $949,000.

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.