VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Stock Short Interest Falls 99.1%

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 1 shares, a drop of 99.1% from the September 15th total of 110 shares. Based on an average daily trading volume, of 8,022 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Performance

Shares of VictoryShares US 500 Enhanced Volatility Wtd ETF stock opened at $79.35 on Friday. The firm has a market cap of $400.72 million, a PE ratio of 20.50 and a beta of 0.62. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 1 year low of $70.78 and a 1 year high of $83.51. The firm’s 50-day simple moving average is $80.73 and its 200-day simple moving average is $78.98.

VictoryShares US 500 Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were paid a dividend of $0.0843 per share. The ex-dividend date was Thursday, October 8th. This is a negative change from VictoryShares US 500 Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.1285. This represents a $1.01 annualized dividend and a yield of 1.3%.

Institutional Investors Weigh In On VictoryShares US 500 Enhanced Volatility Wtd ETF

Several large investors have recently added to or reduced their stakes in CFO. Horizons Wealth Management bought a new stake in VictoryShares US 500 Enhanced Volatility Wtd ETF in the 3rd quarter valued at about $70,000. First Heartland Consultants Inc. acquired a new position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF in the 2nd quarter valued at $204,000. Fifth Third Bancorp purchased a new position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF in the first quarter worth approximately $569,000. Patriot Financial Group Insurance Agency LLC raised its stake in VictoryShares US 500 Enhanced Volatility Wtd ETF by 99.6% during the 1st quarter. Patriot Financial Group Insurance Agency LLC now owns 46,774 shares of the company’s stock valued at $3,468,000 after purchasing an additional 23,337 shares during the period. Finally, Integrated Wealth Concepts LLC grew its stake in VictoryShares US 500 Enhanced Volatility Wtd ETF by 0.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 102,274 shares of the company’s stock valued at $8,190,000 after acquiring an additional 554 shares in the last quarter.

VictoryShares US 500 Enhanced Volatility Wtd ETF Company Profile

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.