VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Large Growth in Short Interest

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 52,400 shares, a growth of 8.0% from the March 15th total of 48,500 shares. Based on an average daily volume of 90,600 shares, the days-to-cover ratio is currently 0.6 days.

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

Shares of CDC traded down $0.51 during trading hours on Tuesday, hitting $56.32. The company had a trading volume of 35,313 shares, compared to its average volume of 92,422. The firm has a market cap of $844.80 million, a price-to-earnings ratio of -1,126.24 and a beta of 0.68. The business has a fifty day moving average of $57.33 and a 200-day moving average of $56.41. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12 month low of $54.50 and a 12 month high of $60.93.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were given a $0.1597 dividend. This represents a $1.92 annualized dividend and a dividend yield of 3.40%. The ex-dividend date of this dividend was Thursday, April 11th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -4,999.30%.

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

Several large investors have recently modified their holdings of the stock. Private Trust Co. NA grew its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 8.3% in the third quarter. Private Trust Co. NA now owns 6,170 shares of the company’s stock valued at $345,000 after acquiring an additional 473 shares in the last quarter. NBC Securities Inc. acquired a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the third quarter valued at about $26,000. Prime Capital Investment Advisors LLC grew its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.1% in the third quarter. Prime Capital Investment Advisors LLC now owns 32,701 shares of the company’s stock valued at $1,827,000 after acquiring an additional 1,582 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 1,121.3% in the fourth quarter. JPMorgan Chase & Co. now owns 1,832 shares of the company’s stock valued at $113,000 after acquiring an additional 1,682 shares in the last quarter. Finally, Baird Financial Group Inc. grew its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 6.5% in the third quarter. Baird Financial Group Inc. now owns 29,156 shares of the company’s stock valued at $1,731,000 after acquiring an additional 1,780 shares in the last quarter.

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.