VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Shares Shorted: Short Interest Up 215.7% in October

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the recipient of a significant growth in short interest in October. As of October 30th, there was short interest totaling 4,224 shares, a growth of 215.7% from the October 15th total of 1,338 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average trading volume of 3,516 shares, the short-interest ratio is currently 1.2 days.

VictoryShares Corporate Bond ETF Price Performance

Shares of UCRD stock opened at $20.72 on Thursday. VictoryShares Corporate Bond ETF has a 1-year low of $20.45 and a 1-year high of $21.98. The firm has a fifty day moving average of $20.74 and a two-hundred day moving average of $21.29.

VictoryShares Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 9th. Shareholders of record on Friday, November 6th were issued a $0.0751 dividend. This is a drop from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.0851. This represents a $0.90 dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Friday, November 6th.

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.