VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Sees Significant Decrease in Short Interest

VictoryShares Corporate Bond ETF (NASDAQ:UCRD – Get Free Report) was the target of a large decline in short interest in July. As of July 15th, there was short interest totaling 1,172 shares, a decline of 32.8% from the June 30th total of 1,745 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 214 shares, the short-interest ratio is presently 5.5 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 stake in VictoryShares Corporate Bond ETF (NASDAQ:UCRD – Free Report) by 2.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm 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 about 96.98% of VictoryShares Corporate Bond ETF worth $147,353,000 at the end of the most recent quarter.

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VictoryShares Corporate Bond ETF Trading Up 0.0%

Shares of NASDAQ:UCRD opened at $21.10 on Friday. The stock has a 50-day simple moving average of $21.40 and a 200-day simple moving average of $21.55. VictoryShares Corporate Bond ETF has a 1 year low of $21.10 and a 1 year high of $22.04.

VictoryShares Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were given a dividend of $0.0829 per share. This is a positive change from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.07. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a yield of 4.7%.

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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