Short Interest in VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Drops By 86.7%

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) was the target of a significant decline in short interest in May. As of May 29th, there was short interest totaling 275 shares, a decline of 86.7% from the May 14th total of 2,069 shares. Based on an average daily trading volume, of 3,991 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On VictoryShares US 500 Enhanced Volatility Wtd ETF

Several institutional investors have recently made changes to their positions in CFO. NewEdge Advisors LLC raised its position in VictoryShares US 500 Enhanced Volatility Wtd ETF by 194.6% during the third quarter. NewEdge Advisors LLC now owns 59,130 shares of the company’s stock valued at $4,363,000 after acquiring an additional 39,058 shares in the last quarter. Patriot Financial Group Insurance Agency LLC increased its stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 99.6% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 46,774 shares of the company’s stock worth $3,468,000 after purchasing an additional 23,337 shares during the last quarter. Raymond James Financial Inc. raised its holdings in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 4.7% during the 3rd quarter. Raymond James Financial Inc. now owns 418,326 shares of the company’s stock valued at $30,868,000 after purchasing an additional 18,712 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 4.0% during the 4th quarter. Cetera Investment Advisers now owns 429,810 shares of the company’s stock valued at $31,739,000 after purchasing an additional 16,513 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 56.8% in the 4th quarter. Goldman Sachs Group Inc. now owns 27,844 shares of the company’s stock valued at $2,056,000 after purchasing an additional 10,091 shares during the last quarter.

VictoryShares US 500 Enhanced Volatility Wtd ETF Trading Up 1.3%

NASDAQ:CFO traded up $1.04 on Thursday, hitting $78.78. 5,469 shares of the company’s stock traded hands, compared to its average volume of 7,047. The company has a market cap of $413.60 million, a PE ratio of 20.50 and a beta of 0.63. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 1 year low of $69.15 and a 1 year high of $79.01. The firm has a 50-day moving average price of $77.06 and a 200-day moving average price of $75.97.

VictoryShares US 500 Enhanced Volatility Wtd ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were paid a $0.1278 dividend. The ex-dividend date was Tuesday, June 9th.

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.