VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Short Interest Down 39.5% in June

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 1,233 shares, a decrease of 39.5% from the June 15th total of 2,038 shares. Based on an average daily trading volume, of 4,729 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the company’s stock are short sold.

Hedge Funds Weigh In On VictoryShares US 500 Enhanced Volatility Wtd ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Flow Traders U.S. LLC bought a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF in the second quarter worth approximately $406,000. Raymond James Financial Inc. raised its position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 4.7% in the 3rd quarter. Raymond James Financial Inc. now owns 418,326 shares of the company’s stock worth $30,868,000 after acquiring an additional 18,712 shares in the last quarter. NewEdge Advisors LLC raised its position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 194.6% in the 3rd quarter. NewEdge Advisors LLC now owns 59,130 shares of the company’s stock worth $4,363,000 after acquiring an additional 39,058 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 4th quarter worth $108,000. Finally, Key Capital Management INC purchased a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 4th quarter worth $173,000.

VictoryShares US 500 Enhanced Volatility Wtd ETF Trading Up 0.2%

Shares of VictoryShares US 500 Enhanced Volatility Wtd ETF stock traded up $0.19 during trading on Friday, hitting $81.02. 113 shares of the stock traded hands, compared to its average volume of 6,516. The firm has a market cap of $417.25 million, a P/E ratio of 20.50 and a beta of 0.63. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 52-week low of $70.63 and a 52-week high of $81.30. The stock’s fifty day simple moving average is $78.79 and its 200 day simple moving average is $77.06.

VictoryShares US 500 Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a dividend of $0.0813 per share. The ex-dividend date of this dividend was Thursday, July 9th.

About VictoryShares US 500 Enhanced Volatility Wtd ETF

The VictoryShares US 500 Enhanced Volatility Wtd ETF (CFO) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. The fund can move to 75% cash maximum in market downturns. CFO was launched on Jul 2, 2014 and is managed by VictoryShares.