Short Interest in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Drops By 63.7%

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 10,479 shares, a decrease of 63.7% from the April 30th total of 28,854 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 10,435 shares, the days-to-cover ratio is presently 1.0 days.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Russell Investments Group Ltd. acquired a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the second quarter valued at approximately $703,000. Western Wealth Management LLC purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter valued at $845,000. Zions Bancorporation National Association UT purchased a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter valued at about $949,000. Strategic Blueprint LLC increased its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% during the fourth quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock worth $3,941,000 after purchasing an additional 2,441 shares during the last quarter. Finally, NewEdge Advisors LLC increased its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the 3rd quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock worth $6,045,000 after buying an additional 48,686 shares during the last quarter.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Down 0.3%

CDC traded down $0.22 during trading on Friday, hitting $72.77. 5,348 shares of the stock were exchanged, compared to its average volume of 16,545. The stock has a fifty day moving average price of $71.99 and a two-hundred day moving average price of $69.91. The firm has a market capitalization of $727.70 million, a P/E ratio of -1,455.20 and a beta of 0.52. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 1-year low of $62.11 and a 1-year high of $74.07.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were given a dividend of $0.1074 per share. The ex-dividend date was Friday, May 8th. This represents a c) annualized dividend and a yield of 1.8%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is presently -4,579.36%.

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.