VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Short Interest Up 52.2% in August

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 1,373 shares, an increase of 52.2% from the July 30th total of 902 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 136 shares, the days-to-cover ratio is presently 10.1 days.

Institutional Investors Weigh In On VictoryShares Corporate Bond ETF

A hedge fund recently raised its position in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. boosted its position in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 2.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,788,904 shares of the company’s stock after purchasing an additional 180,000 shares during the period. Victory Capital Management Inc. owned about 96.98% of VictoryShares Corporate Bond ETF worth $147,353,000 as of its most recent SEC filing.

VictoryShares Corporate Bond ETF Price Performance

UCRD remained flat at $21.08 during trading on Tuesday. The company had a trading volume of 2,017 shares, compared to its average volume of 1,544. The business’s 50 day moving average is $21.26 and its 200 day moving average is $21.46. VictoryShares Corporate Bond ETF has a 12 month low of $21.03 and a 12 month high of $22.04.

VictoryShares Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were paid a $0.0735 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a c) annualized dividend and a dividend yield of 4.2%.

About VictoryShares Corporate Bond ETF

The Victory Portfolios II VictoryShares Corporate Bond ETF (UCRD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that employs a proprietary ESG and credit rating methodology to select investment-grade corporate bonds. UCRD was launched on Oct 4, 2021 and is managed by VictoryShares.