Short Interest in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Increases By 100.0%

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the target of a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 200 shares, an increase of 100.0% from the March 31st total of 100 shares. Based on an average daily trading volume, of 1,500 shares, the short-interest ratio is presently 0.1 days.

VictoryShares Corporate Bond ETF Trading Up 0.3 %

NASDAQ:UCRD opened at $20.53 on Friday. VictoryShares Corporate Bond ETF has a 1 year low of $19.19 and a 1 year high of $21.38. The firm’s fifty day simple moving average is $20.84 and its 200 day simple moving average is $20.63.

VictoryShares Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were issued a dividend of $0.0723 per share. The ex-dividend date was Thursday, April 11th. This is a positive change from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a $0.87 dividend on an annualized basis and a dividend yield of 4.23%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. raised its position in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 11.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,902,018 shares of the company’s stock after acquiring an additional 591,247 shares during the period. Victory Capital Management Inc. owned about 99.53% of VictoryShares Corporate Bond ETF worth $125,323,000 as of its most recent SEC filing.

VictoryShares Corporate Bond ETF Company Profile

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.