VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Update

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 50,900 shares, an increase of 8.5% from the May 31st total of 46,900 shares. Based on an average trading volume of 44,600 shares, the short-interest ratio is currently 1.1 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

NASDAQ:CDC traded down $0.08 during trading hours on Wednesday, reaching $58.37. 11,296 shares of the company were exchanged, compared to its average volume of 70,506. The firm has a market cap of $860.96 million, a price-to-earnings ratio of -1,168.84 and a beta of 0.68. The stock has a 50 day simple moving average of $58.90 and a 200 day simple moving average of $57.57. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52-week low of $54.50 and a 52-week high of $60.52.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Thursday, June 13th. Investors of record on Wednesday, June 12th were given a $0.2216 dividend. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.21. This represents a $2.66 annualized dividend and a dividend yield of 4.56%. The ex-dividend date of this dividend was Wednesday, June 12th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is -4,839.32%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. KPP Advisory Services LLC bought a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 28,793 shares of the company’s stock, valued at approximately $1,608,000. KPP Advisory Services LLC owned approximately 0.14% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF at the end of the most recent quarter.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

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.