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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 15,200 shares, a growth of 204.0% from the December 31st total of 5,000 shares. Based on an average daily volume of 28,100 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A hedge fund recently raised its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC lifted its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 413 shares of the company’s stock after acquiring an additional 157 shares during the period. Farther Finance Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $27,000 as of its most recent filing with the Securities & Exchange Commission.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.7 %

NASDAQ:CDC traded up $0.42 during trading hours on Thursday, hitting $64.63. 29,304 shares of the stock traded hands, compared to its average volume of 29,190. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 1 year low of $54.50 and a 1 year high of $67.76. The stock has a 50 day moving average price of $64.14 and a 200 day moving average price of $63.75. The company has a market cap of $785.25 million, a price-to-earnings ratio of -1,292.42 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were given a dividend of $0.0072 per share. The ex-dividend date of this dividend was Wednesday, January 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is currently -4,059.43%.

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.