VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Down 88.4% in June

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the target of a significant decline in short interest in June. As of June 15th, there was short interest totaling 302 shares, a decline of 88.4% from the May 31st total of 2,602 shares. Based on an average daily trading volume, of 34,573 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Hedge funds have recently made changes to their positions in the stock. Russell Investments Group Ltd. purchased a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 2nd quarter valued at about $703,000. NewEdge Advisors LLC raised its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after acquiring an additional 48,686 shares in the last quarter. Strategic Blueprint LLC raised its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock worth $3,941,000 after acquiring an additional 2,441 shares in the last quarter. Western Wealth Management LLC bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth approximately $845,000. Finally, Zions Bancorporation National Association UT purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at $949,000.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Up 0.9%

Shares of CDC traded up $0.69 during trading hours on Friday, reaching $75.28. 7,770 shares of the company’s stock traded hands, compared to its average volume of 17,788. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12 month low of $63.22 and a 12 month high of $75.35. The stock has a market cap of $752.80 million, a PE ratio of -1,505.39 and a beta of 0.51. The firm’s 50 day simple moving average is $72.89 and its 200-day simple moving average is $70.93.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were issued a $0.2827 dividend. The ex-dividend date of this dividend was Tuesday, June 9th. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.25. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is currently -4,639.35%.

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.