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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 15,200 shares, a decrease of 41.8% from the February 28th total of 26,100 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average trading volume of 28,100 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Hedge funds have recently bought and sold shares of the company. Noble Wealth Management PBC purchased a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter worth about $64,000. JPMorgan Chase & Co. acquired a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter valued at approximately $92,000. Integrated Wealth Concepts LLC increased its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 2.1% during the 4th quarter. Integrated Wealth Concepts LLC now owns 122,692 shares of the company’s stock worth $7,678,000 after buying an additional 2,519 shares during the period. Ameriflex Group Inc. acquired a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth approximately $399,000. Finally, Comprehensive Financial Planning Inc. PA purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at approximately $451,000.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock opened at $64.93 on Friday. The company has a market capitalization of $785.65 million, a PE ratio of -1,298.42 and a beta of 0.68. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a fifty-two week low of $56.22 and a fifty-two week high of $67.76. The firm has a 50 day moving average price of $64.73 and a 200 day moving average price of $64.57.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were paid a $0.2059 dividend. The ex-dividend date was Monday, March 10th. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.13. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -3,999.44%.

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.