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

VictoryShares US Discovery Enhanced Volatility Wtd ETF (NASDAQ:CSF) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 6,700 shares, a drop of 5.6% from the September 15th total of 7,100 shares. Based on an average daily volume of 3,600 shares, the days-to-cover ratio is presently 1.9 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. CWM LLC raised its position in VictoryShares US Discovery Enhanced Volatility Wtd ETF by 0.5% during the third quarter. CWM LLC now owns 46,580 shares of the exchange traded fund’s stock valued at $2,543,000 after acquiring an additional 233 shares in the last quarter. Smith Thornton Advisors LLC purchased a new position in VictoryShares US Discovery Enhanced Volatility Wtd ETF during the second quarter valued at approximately $242,000. Finally, Cetera Investment Advisers increased its position in shares of VictoryShares US Discovery Enhanced Volatility Wtd ETF by 15.9% in the second quarter. Cetera Investment Advisers now owns 47,201 shares of the exchange traded fund’s stock valued at $2,369,000 after buying an additional 6,492 shares in the last quarter.

VictoryShares US Discovery Enhanced Volatility Wtd ETF Trading Up 1.5 %

Shares of CSF stock opened at $55.70 on Thursday. The stock has a 50 day moving average of $53.31 and a 200 day moving average of $51.55. The stock has a market cap of $41.77 million, a P/E ratio of 11.77 and a beta of 0.70. VictoryShares US Discovery Enhanced Volatility Wtd ETF has a twelve month low of $46.65 and a twelve month high of $55.71.

VictoryShares US Discovery Enhanced Volatility Wtd ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were given a dividend of $0.0522 per share. This represents a $0.63 annualized dividend and a yield of 1.13%. The ex-dividend date of this dividend was Tuesday, October 8th.

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.