VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Short Interest Up 125.5% in April

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the target of a large growth in short interest during the month of April. As of April 15th, there was short interest totaling 2,997 shares, a growth of 125.5% from the March 31st total of 1,329 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 294 shares, the short-interest ratio is currently 10.2 days.

VictoryShares Corporate Bond ETF Trading Up 0.1%

NASDAQ UCRD opened at $21.63 on Friday. The stock has a 50-day simple moving average of $21.63 and a two-hundred day simple moving average of $21.73. VictoryShares Corporate Bond ETF has a fifty-two week low of $20.81 and a fifty-two week high of $22.04.

VictoryShares Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 9th were paid a dividend of $0.0776 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Thursday, April 9th. This is an increase from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.08.

Hedge Funds Weigh In On VictoryShares Corporate Bond ETF

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. increased its holdings in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 1.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,608,904 shares of the company’s stock after acquiring an additional 92,886 shares during the period. Victory Capital Management Inc. owned approximately 99.68% of VictoryShares Corporate Bond ETF worth $144,173,000 as of its most recent SEC filing.

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.