VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Short Interest Up 52.2% in August

VictoryShares Corporate Bond ETF (NASDAQ:UCRDGet Free Report) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,373 shares, an increase of 52.2% from the July 30th total of 902 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 136 shares, the short-interest ratio is presently 10.1 days.

Institutional Trading of VictoryShares Corporate Bond ETF

A hedge fund recently raised its position in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. raised its holdings in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRDFree Report) by 2.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,788,904 shares of the company’s stock after purchasing an additional 180,000 shares during the quarter. Victory Capital Management Inc. owned 96.98% of VictoryShares Corporate Bond ETF worth $147,353,000 at the end of the most recent reporting period.

VictoryShares Corporate Bond ETF Price Performance

Shares of NASDAQ:UCRD remained flat at $21.08 during trading hours on Tuesday. The company’s stock had a trading volume of 2,017 shares, compared to its average volume of 1,544. The firm has a 50-day simple moving average of $21.26 and a two-hundred day simple moving average of $21.46. VictoryShares Corporate Bond ETF has a fifty-two week low of $21.03 and a fifty-two week high of $22.04.

VictoryShares Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were paid a dividend of $0.0735 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend was Friday, August 7th.

About VictoryShares Corporate Bond ETF

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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.

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