Short Interest in VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Rises By 325.9%

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) was the target of a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 1,397 shares, an increase of 325.9% from the May 31st total of 328 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 4,081 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in CFA. Patriot Financial Group Insurance Agency LLC grew its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 3.3% in the fourth quarter. Patriot Financial Group Insurance Agency LLC now owns 4,830 shares of the company’s stock worth $440,000 after acquiring an additional 155 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of VictoryShares US 500 Volatility Wtd ETF by 2.2% during the fourth quarter. Integrated Wealth Concepts LLC now owns 19,193 shares of the company’s stock valued at $1,747,000 after acquiring an additional 412 shares in the last quarter. HighTower Advisors LLC raised its position in shares of VictoryShares US 500 Volatility Wtd ETF by 14.1% in the 4th quarter. HighTower Advisors LLC now owns 4,674 shares of the company’s stock worth $425,000 after purchasing an additional 577 shares during the last quarter. Western Wealth Management LLC purchased a new position in shares of VictoryShares US 500 Volatility Wtd ETF in the 1st quarter worth about $60,000. Finally, Kestra Advisory Services LLC bought a new position in VictoryShares US 500 Volatility Wtd ETF in the 4th quarter worth about $82,000.

VictoryShares US 500 Volatility Wtd ETF Stock Performance

Shares of NASDAQ CFA opened at $98.53 on Monday. The company has a 50 day simple moving average of $96.17 and a two-hundred day simple moving average of $94.31. VictoryShares US 500 Volatility Wtd ETF has a fifty-two week low of $86.99 and a fifty-two week high of $98.92. The company has a market capitalization of $546.84 million, a price-to-earnings ratio of 20.50 and a beta of 0.86.

VictoryShares US 500 Volatility Wtd ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were paid a $0.1586 dividend. This represents a c) annualized dividend and a dividend yield of 1.9%. The ex-dividend date was Tuesday, June 9th. This is an increase from VictoryShares US 500 Volatility Wtd ETF’s previous monthly dividend of $0.04.

VictoryShares US 500 Volatility Wtd ETF Company Profile

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.