VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Sees Significant Growth in Short Interest

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 2,038 shares, a growth of 641.1% from the May 31st total of 275 shares. Based on an average daily volume of 5,557 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

Institutional Trading of VictoryShares US 500 Enhanced Volatility Wtd ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC lifted its stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 194.6% during the 3rd quarter. NewEdge Advisors LLC now owns 59,130 shares of the company’s stock valued at $4,363,000 after buying an additional 39,058 shares in the last quarter. 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. Raymond James Financial Inc. raised its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 4.7% during the third quarter. Raymond James Financial Inc. now owns 418,326 shares of the company’s stock valued at $30,868,000 after acquiring an additional 18,712 shares during the period. Cetera Investment Advisers raised its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 4.0% during the fourth quarter. Cetera Investment Advisers now owns 429,810 shares of the company’s stock valued at $31,739,000 after acquiring an additional 16,513 shares during the period. Finally, Goldman Sachs Group Inc. lifted its position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 56.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 27,844 shares of the company’s stock valued at $2,056,000 after acquiring an additional 10,091 shares in the last quarter.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Up 0.3%

NASDAQ CFO opened at $79.87 on Friday. The stock’s 50-day moving average price is $77.94 and its 200-day moving average price is $76.43. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 52 week low of $70.61 and a 52 week high of $80.40. The company has a market capitalization of $419.32 million, a P/E 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 dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were issued a $0.1278 dividend. The ex-dividend date of this dividend was Tuesday, June 9th.

VictoryShares US 500 Enhanced Volatility Wtd ETF Company Profile

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.