VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Short Interest Up 641.1% in June

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) saw a significant growth in short interest in June. As of June 15th, there was short interest totaling 2,038 shares, a growth of 641.1% from the May 31st total of 275 shares. Based on an average daily volume of 5,557 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Flow Traders U.S. LLC bought a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF in the 2nd quarter worth approximately $406,000. Raymond James Financial Inc. lifted its stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 4.7% in the third quarter. Raymond James Financial Inc. now owns 418,326 shares of the company’s stock worth $30,868,000 after buying an additional 18,712 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF by 194.6% in the third quarter. NewEdge Advisors LLC now owns 59,130 shares of the company’s stock worth $4,363,000 after buying an additional 39,058 shares in the last quarter. Flagship Harbor Advisors LLC purchased a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the fourth quarter valued at approximately $108,000. Finally, Key Capital Management INC purchased a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the fourth quarter valued at approximately $173,000.

VictoryShares US 500 Enhanced Volatility Wtd ETF Trading Up 0.5%

CFO opened at $79.60 on Friday. The company has a market cap of $417.90 million, a price-to-earnings ratio of 20.50 and a beta of 0.63. The stock has a fifty day simple moving average of $77.88 and a two-hundred day simple moving average of $76.41. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 12-month low of $70.30 and a 12-month high of $80.40.

VictoryShares US 500 Enhanced Volatility Wtd ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were given a $0.1278 dividend. The ex-dividend date of this dividend was Tuesday, June 9th.

About VictoryShares US 500 Enhanced Volatility Wtd ETF

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.