VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Up 116.2% in June

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a large growth in short interest in the month of June. As of June 30th, there was short interest totaling 653 shares, a growth of 116.2% from the June 15th total of 302 shares. Based on an average daily volume of 17,502 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

CDC stock opened at $76.78 on Friday. The stock has a market capitalization of $744.77 million, a P/E ratio of -1,535.39 and a beta of 0.50. The business has a 50-day moving average of $73.77 and a 200-day moving average of $71.89. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a fifty-two week low of $63.99 and a fifty-two week high of $76.93.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a dividend of $0.2023 per share. This is an increase from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.11. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a yield of 3.2%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is currently -4,659.35%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC grew 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 in the last quarter. Zions Bancorporation National Association UT acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter valued at approximately $949,000. Russell Investments Group Ltd. lifted its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 122.4% in the third quarter. Russell Investments Group Ltd. now owns 24,553 shares of the company’s stock valued at $1,639,000 after buying an additional 13,513 shares during the last quarter. Western Wealth Management LLC bought a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $845,000. Finally, Strategic Blueprint LLC boosted its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% during the 4th quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock worth $3,941,000 after acquiring an additional 2,441 shares during the period.

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.