VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Short Interest Update

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the target of a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 1,920 shares, a growth of 742.1% from the February 26th total of 228 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average trading volume of 439 shares, the short-interest ratio is currently 4.4 days. Based on an average trading volume of 439 shares, the short-interest ratio is currently 4.4 days. Currently, 0.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On VictoryShares Corporate Bond ETF

An institutional investor recently raised its position in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. raised its holdings in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 1.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,608,904 shares of the company’s stock after acquiring an additional 92,886 shares during the period. Victory Capital Management Inc. owned approximately 99.68% of VictoryShares Corporate Bond ETF worth $144,173,000 at the end of the most recent reporting period.

VictoryShares Corporate Bond ETF Stock Down 0.2%

NASDAQ:UCRD traded down $0.04 during trading hours on Tuesday, hitting $21.38. The stock had a trading volume of 202 shares, compared to its average volume of 3,795. The company has a 50 day simple moving average of $21.74 and a two-hundred day simple moving average of $21.78. VictoryShares Corporate Bond ETF has a one year low of $20.56 and a one year high of $22.04.

VictoryShares Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were given a $0.0755 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. This is a boost from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date was Tuesday, March 10th.

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.