VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Sees Significant Increase in Short Interest

VictoryShares Corporate Bond ETF (NASDAQ:UCRDGet Free Report) saw a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 1,373 shares, an increase of 52.2% from the July 30th total of 902 shares. Based on an average trading volume of 136 shares, the short-interest ratio is currently 10.1 days. Currently, 0.0% of the shares of the company are short sold.

VictoryShares Corporate Bond ETF Stock Down 0.1%

Shares of UCRD stock opened at $21.08 on Wednesday. VictoryShares Corporate Bond ETF has a 52-week low of $21.01 and a 52-week high of $22.04. The firm’s 50-day moving average is $21.25 and its 200-day moving average is $21.45.

VictoryShares Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were given a $0.0735 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, August 7th.

Institutional Inflows and Outflows

A hedge fund recently raised its position in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. raised its holdings in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRDFree Report) by 2.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,788,904 shares of the company’s stock after purchasing an additional 180,000 shares during the quarter. Victory Capital Management Inc. owned approximately 96.98% of VictoryShares Corporate Bond ETF worth $147,353,000 at the end of the most recent reporting period.

About VictoryShares Corporate Bond ETF

(Get Free Report)

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.

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