VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Sees Significant Decrease in Short Interest

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) was the target of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 183 shares, a decrease of 86.9% from the June 15th total of 1,397 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 4,792 shares, the days-to-cover ratio is presently 0.0 days.

VictoryShares US 500 Volatility Wtd ETF Stock Performance

Shares of CFA stock traded up $0.42 during trading on Friday, hitting $99.45. 2,899 shares of the company were exchanged, compared to its average volume of 7,586. The business’s 50-day simple moving average is $96.95 and its 200 day simple moving average is $94.87. VictoryShares US 500 Volatility Wtd ETF has a twelve month low of $86.99 and a twelve month high of $99.96. The firm has a market capitalization of $537.01 million, a price-to-earnings ratio of 20.50 and a beta of 0.86.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were paid a dividend of $0.1012 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a dividend yield of 1.2%.

Hedge Funds Weigh In On VictoryShares US 500 Volatility Wtd ETF

A number of hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. increased its position in VictoryShares US 500 Volatility Wtd ETF by 571.9% during the second quarter. JPMorgan Chase & Co. now owns 2,130 shares of the company’s stock worth $187,000 after buying an additional 1,813 shares during the last quarter. Quantinno Capital Management LP acquired a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the second quarter worth about $296,000. UBS Group AG boosted its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 1.5% during the 3rd quarter. UBS Group AG now owns 170,979 shares of the company’s stock worth $15,556,000 after acquiring an additional 2,594 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of VictoryShares US 500 Volatility Wtd ETF during the 3rd quarter worth about $549,000. Finally, NewEdge Advisors LLC acquired a new position in shares of VictoryShares US 500 Volatility Wtd ETF during the 3rd quarter valued at about $4,674,000.

About VictoryShares US 500 Volatility Wtd ETF

The VictoryShares US 500 Volatility Wtd ETF (CFA) 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. CFA was launched on Jul 2, 2014 and is managed by VictoryShares.