VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Short Interest Update

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) was the recipient of a significant decrease in short interest in the month of September. As of September 15th, there was short interest totaling 110 shares, a decrease of 77.7% from the August 31st total of 494 shares. Based on an average daily volume of 3,887 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in CFO. Patriot Financial Group Insurance Agency LLC increased its stake in VictoryShares US 500 Enhanced Volatility Wtd ETF by 99.6% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 46,774 shares of the company’s stock worth $3,468,000 after acquiring an additional 23,337 shares during the last quarter. Fifth Third Bancorp purchased a new position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 1st quarter worth $569,000. Cetera Investment Advisers increased its position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 1.3% during the 1st quarter. Cetera Investment Advisers now owns 435,532 shares of the company’s stock worth $32,296,000 after purchasing an additional 5,722 shares during the last quarter. First Heartland Consultants Inc. purchased a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF in the 2nd quarter valued at about $204,000. Finally, Integrated Wealth Concepts LLC raised its holdings in VictoryShares US 500 Enhanced Volatility Wtd ETF by 0.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 102,274 shares of the company’s stock valued at $8,190,000 after buying an additional 554 shares during the period.

VictoryShares US 500 Enhanced Volatility Wtd ETF Trading Up 0.3%

CFO stock traded up $0.23 during trading on Friday, reaching $78.54. 8,515 shares of the stock were exchanged, compared to its average volume of 6,232. The firm has a market capitalization of $400.55 million, a price-to-earnings ratio of 20.50 and a beta of 0.63. The business has a 50 day moving average price of $81.16 and a 200-day moving average price of $78.71. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 1 year low of $70.78 and a 1 year high of $83.51.

VictoryShares US 500 Enhanced Volatility Wtd ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were issued a dividend of $0.1285 per share. The ex-dividend date was Wednesday, September 9th. This represents a $1.54 dividend on an annualized basis and a dividend yield of 2.0%.

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.