VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Sees Large Growth in Short Interest

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) was the target of a large growth in short interest during the month of July. As of July 15th, there was short interest totaling 420 shares, a growth of 129.5% from the June 30th total of 183 shares. Based on an average trading volume of 4,253 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Hedge Funds Weigh In On VictoryShares US 500 Volatility Wtd ETF

Several institutional investors and hedge funds have recently bought and sold shares of CFA. Nations Financial Group Inc. IA ADV purchased a new stake in shares of VictoryShares US 500 Volatility Wtd ETF in the 4th quarter valued at approximately $4,681,000. Marble Wealth LLC purchased a new stake in shares of VictoryShares US 500 Volatility Wtd ETF during the 4th quarter valued at approximately $475,000. Rockefeller Capital Management L.P. raised its position in shares of VictoryShares US 500 Volatility Wtd ETF by 1,928.6% during the 4th quarter. Rockefeller Capital Management L.P. now owns 120,500 shares of the company’s stock valued at $10,967,000 after buying an additional 114,560 shares during the period. Fifth Third Bancorp lifted its holdings in VictoryShares US 500 Volatility Wtd ETF by 135,328.5% in the first quarter. Fifth Third Bancorp now owns 232,937 shares of the company’s stock valued at $21,309,000 after acquiring an additional 232,765 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in VictoryShares US 500 Volatility Wtd ETF by 3.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 240,762 shares of the company’s stock valued at $21,912,000 after acquiring an additional 8,514 shares during the last quarter.

VictoryShares US 500 Volatility Wtd ETF Stock Performance

Shares of NASDAQ CFA traded up $1.04 during trading on Tuesday, hitting $101.09. 787 shares of the company were exchanged, compared to its average volume of 7,394. The company has a fifty day moving average price of $97.82 and a 200-day moving average price of $95.43. The firm has a market capitalization of $545.88 million, a PE ratio of 20.50 and a beta of 0.86. VictoryShares US 500 Volatility Wtd ETF has a 12-month low of $86.99 and a 12-month high of $100.93.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were paid a dividend of $0.1012 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a yield of 1.2%.

About VictoryShares US 500 Volatility Wtd ETF

The VictoryShares US 500 Volatility Wtd ETF (CFA) 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. CFA was launched on Jul 2, 2014 and is managed by VictoryShares.