Short Interest in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Declines By 32.8%

VictoryShares Corporate Bond ETF (NASDAQ:UCRDGet Free Report) was the target of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 1,172 shares, a decrease of 32.8% from the June 30th total of 1,745 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 214 shares, the short-interest ratio is currently 5.5 days.

VictoryShares Corporate Bond ETF Price Performance

UCRD opened at $21.11 on Friday. VictoryShares Corporate Bond ETF has a 12-month low of $21.07 and a 12-month high of $22.04. The firm has a 50 day moving average of $21.40 and a two-hundred day moving average of $21.55.

VictoryShares Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a dividend of $0.0829 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) annualized dividend and a yield of 4.7%. This is an increase from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.07.

Institutional Inflows and Outflows

A hedge fund recently raised its position in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. increased its holdings in VictoryShares Corporate Bond ETF (NASDAQ:UCRDFree Report) by 2.7% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,788,904 shares of the company’s stock after purchasing an additional 180,000 shares during the quarter. Victory Capital Management Inc. owned 96.98% of VictoryShares Corporate Bond ETF worth $147,353,000 at the end of the most recent reporting period.

VictoryShares Corporate Bond ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for VictoryShares Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VictoryShares Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.