VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Large Growth in Short Interest

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 52,400 shares, a growth of 8.0% from the March 15th total of 48,500 shares. Based on an average trading volume of 90,600 shares, the days-to-cover ratio is presently 0.6 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

Shares of NASDAQ CDC traded down $0.51 during mid-day trading on Tuesday, reaching $56.32. 35,313 shares of the company’s stock were exchanged, compared to its average volume of 92,422. The firm has a market capitalization of $844.80 million, a price-to-earnings ratio of -1,126.24 and a beta of 0.68. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52 week low of $54.50 and a 52 week high of $60.93. The firm has a 50-day moving average price of $57.33 and a two-hundred day moving average price of $56.41.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were paid a dividend of $0.1597 per share. This represents a $1.92 dividend on an annualized basis and a dividend yield of 3.40%. The ex-dividend date was Thursday, April 11th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is -4,999.30%.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A number of hedge funds have recently made changes to their positions in the business. KPP Advisory Services LLC bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the third quarter valued at about $1,608,000. Prime Capital Investment Advisors LLC increased its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.1% during the third quarter. Prime Capital Investment Advisors LLC now owns 32,701 shares of the company’s stock valued at $1,827,000 after buying an additional 1,582 shares during the period. Private Trust Co. NA increased its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 8.3% during the third quarter. Private Trust Co. NA now owns 6,170 shares of the company’s stock valued at $345,000 after buying an additional 473 shares during the period. NBC Securities Inc. bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the third quarter valued at about $26,000. Finally, Integrated Wealth Concepts LLC increased its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 2.0% during the second quarter. Integrated Wealth Concepts LLC now owns 159,821 shares of the company’s stock valued at $9,206,000 after buying an additional 3,104 shares during the period.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

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.