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 May. As of May 15th, there was short interest totaling 10,479 shares, a decline of 63.7% from the April 30th total of 28,854 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 10,435 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. NewEdge Advisors LLC increased its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the 3rd quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after acquiring an additional 48,686 shares during the period. Zions Bancorporation National Association UT purchased a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at $949,000. Russell Investments Group Ltd. increased its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 122.4% in the 3rd quarter. Russell Investments Group Ltd. now owns 24,553 shares of the company’s stock valued at $1,639,000 after acquiring an additional 13,513 shares during the period. Western Wealth Management LLC purchased a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at $845,000. Finally, Strategic Blueprint LLC increased its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% in the 4th quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock valued at $3,941,000 after acquiring an additional 2,441 shares during the period.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Down 0.8%

Shares of NASDAQ CDC traded down $0.57 during trading hours on Monday, reaching $72.20. The stock had a trading volume of 5,551 shares, compared to its average volume of 16,434. The firm has a market cap of $722 million, a price-to-earnings ratio of -1,443.80 and a beta of 0.52. The business’s fifty day moving average price is $71.99 and its two-hundred day moving average price is $69.94. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52-week low of $62.25 and a 52-week high of $74.07.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were issued a $0.1074 dividend. The ex-dividend date was Friday, May 8th. This represents a c) dividend on an annualized basis and a dividend yield of 1.8%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -4,579.36%.

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.