VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Sees Significant Growth in Short Interest

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFOGet Free Report) was the target of a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 2,069 shares, a growth of 125.1% from the April 30th total of 919 shares. Based on an average daily trading volume, of 5,324 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are short sold.

VictoryShares US 500 Enhanced Volatility Wtd ETF Price Performance

CFO remained flat at $78.22 during mid-day trading on Tuesday. 5,153 shares of the company’s stock traded hands, compared to its average volume of 7,145. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 12 month low of $68.68 and a 12 month high of $78.74. The business’s fifty day simple moving average is $76.40 and its two-hundred day simple moving average is $75.66. The firm has a market cap of $410.66 million, a price-to-earnings ratio of 20.50 and a beta of 0.64.

VictoryShares US 500 Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were given a $0.0302 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a c) dividend on an annualized basis and a yield of 0.5%.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. NewEdge Advisors LLC boosted its holdings in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 194.6% during the 3rd quarter. NewEdge Advisors LLC now owns 59,130 shares of the company’s stock worth $4,363,000 after buying an additional 39,058 shares during the period. Goldman Sachs Group Inc. boosted its holdings in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 56.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 27,844 shares of the company’s stock worth $2,056,000 after buying an additional 10,091 shares during the period. Janney Montgomery Scott LLC boosted its holdings in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 4.1% during the 4th quarter. Janney Montgomery Scott LLC now owns 12,862 shares of the company’s stock worth $950,000 after buying an additional 507 shares during the period. Flow Traders U.S. LLC bought a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 2nd quarter worth about $406,000. Finally, HRT Financial LP bought a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 4th quarter worth about $281,000.

VictoryShares US 500 Enhanced Volatility Wtd ETF Company Profile

(Get Free Report)

The VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. The fund can move to 75% cash maximum in market downturns. CFO was launched on Jul 2, 2014 and is managed by VictoryShares.

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