VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Stock Short Interest Climbs 103.2%

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) saw a large growth in short interest in September. As of September 30th, there was short interest totaling 1,796 shares, a growth of 103.2% from the September 15th total of 884 shares. Based on an average daily volume of 1,249 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.0% of the shares of the company are short sold.

VictoryShares Corporate Bond ETF Price Performance

Shares of UCRD stock opened at $20.70 on Friday. The stock has a 50 day simple moving average of $20.87 and a 200-day simple moving average of $21.24. VictoryShares Corporate Bond ETF has a 12-month low of $20.45 and a 12-month high of $22.04.

VictoryShares Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were paid a $0.0851 dividend. This represents a $1.02 dividend on an annualized basis and a dividend yield of 4.9%. This is a boost from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.0576. The ex-dividend date was Thursday, October 8th.

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.