VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Sees Large Decrease in Short Interest

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 884 shares, a decrease of 42.4% from the August 31st total of 1,534 shares. Based on an average daily volume of 755 shares, the short-interest ratio is currently 1.2 days. Approximately 0.0% of the company’s shares are short sold.

VictoryShares Corporate Bond ETF Trading Down 0.2%

NASDAQ UCRD traded down $0.04 during trading hours on Wednesday, reaching $20.48. 1,943 shares of the company’s stock traded hands, compared to its average volume of 1,477. The firm has a 50-day simple moving average of $21.02 and a 200 day simple moving average of $21.31. VictoryShares Corporate Bond ETF has a 52-week low of $20.47 and a 52-week high of $22.04.

VictoryShares Corporate Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were given a $0.0576 dividend. This is a decrease from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.0735. This represents a $0.69 annualized dividend and a yield of 3.4%. The ex-dividend date was Wednesday, September 9th.

VictoryShares Corporate Bond ETF Company Profile

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.