Short Interest in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Declines By 92.0%

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a significant drop in short interest in the month of November. As of November 15th, there was short interest totalling 3,900 shares, a drop of 92.0% from the October 31st total of 49,000 shares. Based on an average trading volume of 28,800 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC raised its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 413 shares of the company’s stock after acquiring an additional 157 shares during the quarter. Farther Finance Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $27,000 as of its most recent SEC filing.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.2 %

Shares of NASDAQ:CDC traded up $0.14 during trading on Wednesday, hitting $67.51. 17,156 shares of the stock traded hands, compared to its average volume of 52,761. The company has a fifty day moving average price of $65.14 and a two-hundred day moving average price of $62.19. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52-week low of $54.50 and a 52-week high of $67.76. The company has a market cap of $860.75 million, a price-to-earnings ratio of -1,354.21 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were given a $0.121 dividend. This represents a $1.45 dividend on an annualized basis and a dividend yield of 2.15%. The ex-dividend date was Thursday, November 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is presently -4,199.41%.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

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.