Short Interest in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Decreases By 59.8%

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 960 shares, a decrease of 59.8% from the July 30th total of 2,391 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 11,882 shares, the short-interest ratio is currently 0.1 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

NASDAQ:CDC traded up $0.03 during mid-day trading on Friday, reaching $76.88. 7,345 shares of the company’s stock traded hands, compared to its average volume of 16,556. The company has a 50 day moving average price of $76.25 and a 200-day moving average price of $73.71. The firm has a market capitalization of $745.74 million, a price-to-earnings ratio of -1,537.38 and a beta of 0.50. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12-month low of $64.30 and a 12-month high of $78.48.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were given a $0.1303 dividend. The ex-dividend date was Friday, August 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is currently -4,699.34%.

Hedge Funds Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. NewEdge Advisors LLC lifted its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after acquiring an additional 48,686 shares during the period. Zions Bancorporation National Association UT purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter valued at $949,000. Russell Investments Group Ltd. increased its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 122.4% during the 3rd quarter. Russell Investments Group Ltd. now owns 24,553 shares of the company’s stock valued at $1,639,000 after purchasing an additional 13,513 shares during the period. Finally, Western Wealth Management LLC bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth $845,000.

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.