VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Update

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 49,000 shares, a growth of 6.3% from the October 15th total of 46,100 shares. Based on an average daily volume of 26,900 shares, the days-to-cover ratio is presently 1.8 days.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

An institutional investor recently raised its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC boosted its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 413 shares of the company’s stock after purchasing an additional 157 shares during the period. Farther Finance Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $27,000 at the end of the most recent quarter.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

CDC stock traded up $0.47 on Monday, reaching $65.89. The company’s stock had a trading volume of 21,729 shares, compared to its average volume of 53,715. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52 week low of $54.50 and a 52 week high of $66.18. The company has a market capitalization of $840.10 million, a P/E ratio of -1,308.22 and a beta of 0.68. The firm has a fifty day moving average of $64.70 and a two-hundred day moving average of $61.81.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a $0.121 dividend. This represents a $1.45 annualized dividend and a dividend yield of 2.20%. The ex-dividend date of this dividend was Thursday, November 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is presently -4,199.41%.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

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.