VictoryShares US Discovery Enhanced Volatility Wtd ETF (NASDAQ:CSF) Sees Large Drop in Short Interest

VictoryShares US Discovery Enhanced Volatility Wtd ETF (NASDAQ:CSF) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 6,700 shares, a decline of 48.1% from the August 15th total of 12,900 shares. Based on an average daily volume of 3,800 shares, the short-interest ratio is currently 1.8 days.

Hedge Funds Weigh In On VictoryShares US Discovery Enhanced Volatility Wtd ETF

A number of large investors have recently made changes to their positions in CSF. Cetera Investment Advisers acquired a new position in shares of VictoryShares US Discovery Enhanced Volatility Wtd ETF in the first quarter worth about $2,086,000. International Assets Investment Management LLC boosted its stake in shares of VictoryShares US Discovery Enhanced Volatility Wtd ETF by 494.7% in the fourth quarter. International Assets Investment Management LLC now owns 13,850 shares of the exchange traded fund’s stock worth $681,000 after acquiring an additional 11,521 shares during the last quarter. Smith Thornton Advisors LLC purchased a new stake in shares of VictoryShares US Discovery Enhanced Volatility Wtd ETF during the second quarter worth $242,000. Finally, Orion Portfolio Solutions LLC raised its holdings in VictoryShares US Discovery Enhanced Volatility Wtd ETF by 4.3% in the 4th quarter. Orion Portfolio Solutions LLC now owns 27,009 shares of the exchange traded fund’s stock valued at $1,304,000 after acquiring an additional 1,118 shares during the last quarter.

VictoryShares US Discovery Enhanced Volatility Wtd ETF Stock Performance

CSF stock traded up $1.14 during mid-day trading on Friday, reaching $53.07. 16,018 shares of the stock traded hands, compared to its average volume of 4,231. The business has a 50-day moving average price of $52.56 and a two-hundred day moving average price of $50.82. VictoryShares US Discovery Enhanced Volatility Wtd ETF has a one year low of $46.65 and a one year high of $55.31. The stock has a market capitalization of $42.46 million, a PE ratio of 11.77 and a beta of 0.70.

VictoryShares US Discovery Enhanced Volatility Wtd ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 12th. Stockholders of record on Wednesday, September 11th were issued a $0.0939 dividend. The ex-dividend date was Wednesday, September 11th. This represents a $1.13 dividend on an annualized basis and a dividend yield of 2.12%.

About VictoryShares US Discovery Enhanced Volatility Wtd ETF

The Cash Store Financial Services Inc under its Cash Store Financial, Instaloans and The Title Store banners, provides consumers with alternative financial products and services, serving everyday people for whom traditional banking may be inconvenient or unavailable. The Company acts as both a broker and lender of short term advances and offers a range of other products and services to help customers meet their day to day financial service needs.