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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Get Free Report) was the target of a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 2,602 shares, a drop of 75.2% from the May 14th total of 10,479 shares. Based on an average trading volume of 8,704 shares, the short-interest ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are sold short.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

CDC opened at $73.10 on Wednesday. The company’s 50 day simple moving average is $72.31 and its 200 day simple moving average is $70.27. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 1 year low of $62.65 and a 1 year high of $74.07. The stock has a market capitalization of $731 million, a PE ratio of -1,461.80 and a beta of 0.51.

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VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th will be paid a $0.2827 dividend. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.25. The ex-dividend date is Tuesday, June 9th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -4,579.36%.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter worth approximately $703,000. Western Wealth Management LLC purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter worth approximately $845,000. Zions Bancorporation National Association UT purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter worth approximately $949,000. Strategic Blueprint LLC lifted its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% in the fourth quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock worth $3,941,000 after purchasing an additional 2,441 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after purchasing an additional 48,686 shares in the last quarter.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

(Get Free Report)

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.

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