VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) Shares Shorted: Short Interest Down 68.8% in October

VictoryShares US 500 Enhanced Volatility Wtd ETF (NASDAQ:CFO) was the target of a significant decrease in short interest in the month of October. As of October 30th, there was short interest totaling 59 shares, a decrease of 68.8% from the October 15th total of 189 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 5,076 shares, the short-interest ratio is presently 0.0 days.

VictoryShares US 500 Enhanced Volatility Wtd ETF Stock Performance

NASDAQ CFO traded up $0.11 during mid-day trading on Friday, reaching $82.98. 1,485 shares of the stock were exchanged, compared to its average volume of 6,012. VictoryShares US 500 Enhanced Volatility Wtd ETF has a 1-year low of $70.78 and a 1-year high of $83.62. The business’s fifty day simple moving average is $80.30 and its 200 day simple moving average is $78.83. The stock has a market capitalization of $419.03 million, a PE ratio of 19.94 and a beta of 0.61.

VictoryShares US 500 Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, November 9th. Stockholders of record on Friday, November 6th were issued a dividend of $0.0393 per share. This represents a $0.47 annualized dividend and a dividend yield of 0.6%. This is a negative change from VictoryShares US 500 Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.0843. The ex-dividend date was Friday, November 6th.

Hedge Funds Weigh In On VictoryShares US 500 Enhanced Volatility Wtd ETF

Several institutional investors have recently added to or reduced their stakes in CFO. Horizons Wealth Management purchased a new position in VictoryShares US 500 Enhanced Volatility Wtd ETF during the third quarter worth about $70,000. First Heartland Consultants Inc. acquired a new position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 2nd quarter valued at about $204,000. Money Concepts Capital Corp purchased a new position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 3rd quarter worth about $214,000. Fifth Third Bancorp purchased a new position in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF during the 1st quarter worth about $569,000. Finally, Commonwealth Equity Services LLC acquired a new stake in shares of VictoryShares US 500 Enhanced Volatility Wtd ETF in the third quarter worth approximately $3,404,000.

VictoryShares US 500 Enhanced Volatility Wtd ETF Company Profile

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.