VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Stock Short Interest Drops 77.7%

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totaling 110 shares, a decrease of 77.7% from the August 31st total of 494 shares. Based on an average daily volume of 3,887 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On VictoryShares US 500 Enhanced Volatility Wtd ETF

A number of hedge funds have recently modified their holdings of CFO. First Heartland Consultants Inc. purchased a new position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 2nd quarter valued at $204,000. Fifth Third Bancorp purchased a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF in the 1st quarter worth $569,000. Patriot Financial Group Insurance Agency LLC increased its stake in VictoryShares US 500 Enhanced Volatility Wtd ETF by 99.6% in the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 46,774 shares of the company’s stock worth $3,468,000 after buying an additional 23,337 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 0.5% during the second quarter. Integrated Wealth Concepts LLC now owns 102,274 shares of the company’s stock valued at $8,190,000 after acquiring an additional 554 shares during the period. Finally, Cetera Investment Advisers raised its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.3% during the first quarter. Cetera Investment Advisers now owns 435,532 shares of the company’s stock valued at $32,296,000 after acquiring an additional 5,722 shares during the period.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Performance

Shares of CFO stock traded up $0.23 during mid-day trading on Friday, reaching $78.54. 8,515 shares of the company’s stock traded hands, compared to its average volume of 6,232. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 12 month low of $70.78 and a 12 month high of $83.51. The firm has a 50 day moving average price of $81.16 and a two-hundred day moving average price of $78.71. The firm has a market capitalization of $400.55 million, a PE ratio of 20.50 and a beta of 0.63.

VictoryShares US 500 Enhanced Volatility Wtd ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were paid a dividend of $0.1285 per share. The ex-dividend date was Wednesday, September 9th. This represents a $1.54 dividend on an annualized basis and a yield of 2.0%.

About VictoryShares US 500 Enhanced Volatility Wtd ETF

The VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) 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. The fund can move to 75% cash maximum in market downturns. CFO was launched on Jul 2, 2014 and is managed by VictoryShares.