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

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the recipient of a significant decrease in short interest in May. As of May 31st, there was short interest totalling 100 shares, a decrease of 50.0% from the May 15th total of 200 shares. Based on an average daily volume of 6,000 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On VictoryShares Corporate Bond ETF

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. boosted its position in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 11.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,902,018 shares of the company’s stock after buying an additional 591,247 shares during the period. Victory Capital Management Inc. owned approximately 99.53% of VictoryShares Corporate Bond ETF worth $125,323,000 as of its most recent SEC filing.

VictoryShares Corporate Bond ETF Stock Performance

VictoryShares Corporate Bond ETF stock traded up $0.10 during mid-day trading on Friday, hitting $21.08. The company had a trading volume of 5 shares, compared to its average volume of 8,705. VictoryShares Corporate Bond ETF has a 1 year low of $19.19 and a 1 year high of $21.38. The business has a fifty day moving average of $20.76 and a 200 day moving average of $20.90.

VictoryShares Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, June 13th. Investors of record on Wednesday, June 12th were paid a dividend of $0.0746 per share. This is a positive change from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a $0.90 annualized dividend and a yield of 4.25%. The ex-dividend date was Wednesday, June 12th.

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.