VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Down 71.1% in August

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a large decline in short interest in August. As of August 31st, there was short interest totaling 277 shares, a decline of 71.1% from the August 15th total of 960 shares. Based on an average daily trading volume, of 9,818 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

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

A number of hedge funds have recently bought and sold shares of the business. Russell Investments Group Ltd. purchased a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 2nd quarter worth approximately $703,000. Western Wealth Management LLC bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter worth $845,000. Zions Bancorporation National Association UT bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter worth $949,000. Finally, NewEdge Advisors LLC raised its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the third 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.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Up 0.4%

NASDAQ:CDC traded up $0.28 on Friday, reaching $75.42. The stock had a trading volume of 11,247 shares, compared to its average volume of 16,207. The company has a 50-day moving average of $76.56 and a 200 day moving average of $73.94. The stock has a market cap of $731.57 million, a P/E ratio of -1,508.19 and a beta of 0.50. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12-month low of $64.30 and a 12-month high of $78.48.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were paid a $0.269 dividend. This represents a c) annualized dividend and a dividend yield of 4.3%. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.13. The ex-dividend date was Wednesday, September 9th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -4,739.34%.

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.