Short Interest in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Declines By 30.5%

VictoryShares Corporate Bond ETF (NASDAQ:UCRDGet Free Report) saw a large decline in short interest in February. As of February 27th, there was short interest totaling 228 shares, a decline of 30.5% from the February 12th total of 328 shares. Based on an average daily volume of 20 shares, the short-interest ratio is presently 11.4 days. Approximately 0.0% of the shares of the stock are short sold. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 20 shares, the short-interest ratio is presently 11.4 days.

Hedge Funds Weigh In On VictoryShares Corporate Bond ETF

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. raised its stake in VictoryShares Corporate Bond ETF (NASDAQ:UCRDFree Report) by 1.4% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,608,904 shares of the company’s stock after acquiring an additional 92,886 shares during the period. Victory Capital Management Inc. owned approximately 99.68% of VictoryShares Corporate Bond ETF worth $144,173,000 as of its most recent SEC filing.

VictoryShares Corporate Bond ETF Stock Performance

UCRD stock opened at $21.41 on Friday. VictoryShares Corporate Bond ETF has a 1-year low of $20.56 and a 1-year high of $22.04. The business has a 50 day simple moving average of $21.78 and a two-hundred day simple moving average of $21.79.

VictoryShares Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were issued a $0.0755 dividend. This represents a c) annualized dividend and a dividend yield of 4.2%. This is a boost from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Tuesday, March 10th.

VictoryShares Corporate Bond ETF Company Profile

(Get Free Report)

The Victory Portfolios II VictoryShares Corporate Bond ETF (UCRD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that employs a proprietary ESG and credit rating methodology to select investment-grade corporate bonds. UCRD was launched on Oct 4, 2021 and is managed by VictoryShares.

Further Reading

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