Short Interest in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Drops By 59.8%

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 960 shares, a drop of 59.8% from the July 30th total of 2,391 shares. Based on an average daily volume of 11,882 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Several large investors have recently bought and sold shares of CDC. Russell Investments Group Ltd. boosted its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.4% in the fourth quarter. Russell Investments Group Ltd. now owns 25,888 shares of the company’s stock valued at $1,706,000 after acquiring an additional 1,335 shares in the last quarter. Zions Bancorporation National Association UT acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter worth about $949,000. Western Wealth Management LLC purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at about $845,000. Finally, NewEdge Advisors LLC lifted its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the 3rd quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after purchasing an additional 48,686 shares during the last quarter.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Down 0.9%

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock opened at $76.85 on Friday. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52 week low of $64.30 and a 52 week high of $78.48. The firm’s 50 day moving average is $76.17 and its two-hundred day moving average is $73.69. The firm has a market capitalization of $745.45 million, a P/E ratio of -1,536.78 and a beta of 0.50.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were given a $0.1303 dividend. The ex-dividend date of this dividend was Friday, August 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is -4,699.34%.

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.