Short Interest in VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Decreases By 86.9%

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 183 shares, a decline of 86.9% from the June 15th total of 1,397 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 4,792 shares, the days-to-cover ratio is presently 0.0 days.

VictoryShares US 500 Volatility Wtd ETF Trading Down 0.0%

NASDAQ:CFA traded down $0.01 during midday trading on Monday, hitting $99.39. 10,940 shares of the company traded hands, compared to its average volume of 7,611. The firm’s fifty day moving average is $97.02 and its 200-day moving average is $94.92. The firm has a market capitalization of $536.71 million, a P/E ratio of 20.50 and a beta of 0.86. VictoryShares US 500 Volatility Wtd ETF has a 12-month low of $86.99 and a 12-month high of $99.96.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were issued a $0.1012 dividend. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date was Thursday, July 9th.

Hedge Funds Weigh In On VictoryShares US 500 Volatility Wtd ETF

Several hedge funds have recently added to or reduced their stakes in the company. Western Wealth Management LLC bought a new stake in VictoryShares US 500 Volatility Wtd ETF in the first quarter worth about $60,000. Kestra Advisory Services LLC purchased a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the fourth quarter worth approximately $82,000. JPMorgan Chase & Co. lifted its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 571.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,130 shares of the company’s stock worth $187,000 after acquiring an additional 1,813 shares during the last quarter. Quantinno Capital Management LP bought a new stake in shares of VictoryShares US 500 Volatility Wtd ETF during the 2nd quarter worth approximately $296,000. Finally, HighTower Advisors LLC boosted its holdings in VictoryShares US 500 Volatility Wtd ETF by 14.1% during the 4th quarter. HighTower Advisors LLC now owns 4,674 shares of the company’s stock valued at $425,000 after acquiring an additional 577 shares during the period.

VictoryShares US 500 Volatility Wtd ETF Company Profile

The VictoryShares US 500 Volatility Wtd ETF (CFA) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. CFA was launched on Jul 2, 2014 and is managed by VictoryShares.