VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Up 443.8% in February

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 26,100 shares, an increase of 443.8% from the February 13th total of 4,800 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 28,500 shares, the days-to-cover ratio is currently 0.9 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Down 0.5 %

Shares of NASDAQ CDC traded down $0.35 during trading on Wednesday, reaching $63.30. 30,145 shares of the company traded hands, compared to its average volume of 34,731. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12-month low of $56.22 and a 12-month high of $67.76. The stock has a market cap of $765.93 million, a P/E ratio of -1,265.82 and a beta of 0.68. The firm’s fifty day simple moving average is $64.24 and its 200 day simple moving average is $64.49.

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 dividend of $0.2059 per share. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous dividend of $0.13. The ex-dividend date was Monday, March 10th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is presently -4,119.42%.

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

Several large investors have recently made changes to their positions in the company. Farther Finance Advisors LLC raised its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 61.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 413 shares of the company’s stock worth $27,000 after buying an additional 157 shares during the period. Noble Wealth Management PBC acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter valued at about $64,000. JPMorgan Chase & Co. purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter worth about $92,000. Ameriflex Group Inc. acquired a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 4th quarter worth about $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 about $451,000.

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.