VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Short Interest Down 30.8% in March

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) saw a significant decrease in short interest in March. As of March 31st, there was short interest totaling 1,329 shares, a decrease of 30.8% from the March 15th total of 1,920 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 553 shares, the short-interest ratio is currently 2.4 days.

VictoryShares Corporate Bond ETF Stock Performance

UCRD opened at $21.58 on Thursday. The stock has a fifty day moving average of $21.66 and a 200-day moving average of $21.74. VictoryShares Corporate Bond ETF has a 12-month low of $20.75 and a 12-month high of $22.04.

VictoryShares Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 9th were issued a dividend of $0.0776 per share. This is a positive change from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a dividend yield of 4.3%. The ex-dividend date was Thursday, April 9th.

Institutional Trading of VictoryShares Corporate Bond ETF

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. increased its position in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 1.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,608,904 shares of the company’s stock after acquiring an additional 92,886 shares during the period. Victory Capital Management Inc. owned about 99.68% of VictoryShares Corporate Bond ETF worth $144,173,000 as of its most recent filing with the Securities and Exchange Commission.

About VictoryShares Corporate Bond ETF

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.