Short Interest in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Increases By 8.5%

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 50,900 shares, an increase of 8.5% from the May 31st total of 46,900 shares. Based on an average trading volume of 44,600 shares, the short-interest ratio is currently 1.1 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. KPP Advisory Services LLC bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 28,793 shares of the company’s stock, valued at approximately $1,608,000. KPP Advisory Services LLC owned about 0.14% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF as of its most recent SEC filing.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

Shares of NASDAQ CDC opened at $58.37 on Thursday. The firm has a market cap of $860.96 million, a price-to-earnings ratio of -1,167.24 and a beta of 0.68. The business’s 50-day simple moving average is $58.89 and its 200-day simple moving average is $57.58. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52 week low of $54.50 and a 52 week high of $60.52.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 13th. Stockholders of record on Wednesday, June 12th were issued a dividend of $0.2216 per share. This is a positive change from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.21. The ex-dividend date was Wednesday, June 12th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 4.56%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is currently -4,839.32%.

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.