Short Interest in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Decreases By 59.8%

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the target of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 960 shares, a drop of 59.8% from the July 30th total of 2,391 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 11,882 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Russell Investments Group Ltd. raised its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 5.4% during the 4th quarter. Russell Investments Group Ltd. now owns 25,888 shares of the company’s stock worth $1,706,000 after purchasing an additional 1,335 shares during the last quarter. Zions Bancorporation National Association UT acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter worth $949,000. Western Wealth Management LLC acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the fourth quarter worth $845,000. Finally, NewEdge Advisors LLC lifted its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% in the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after buying an additional 48,686 shares during the period.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.0%

CDC traded up $0.03 during midday trading on Friday, hitting $76.88. 7,345 shares of the company were exchanged, compared to its average volume of 16,556. The firm has a market capitalization of $745.74 million, a P/E ratio of -1,537.38 and a beta of 0.50. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 1-year low of $64.30 and a 1-year high of $78.48. The firm’s 50 day moving average price is $76.25 and its 200-day moving average price is $73.71.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were given a dividend of $0.1303 per share. The ex-dividend date was Friday, August 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is -4,699.34%.

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.