VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Significant Growth in Short Interest

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 49,000 shares, a growth of 6.3% from the October 15th total of 46,100 shares. Based on an average daily trading volume, of 26,900 shares, the days-to-cover ratio is currently 1.8 days.

Hedge Funds Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

An institutional investor recently raised its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC grew its position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 413 shares of the company’s stock after acquiring an additional 157 shares during the quarter. Farther Finance Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $27,000 at the end of the most recent quarter.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Up 0.7 %

Shares of CDC stock traded up $0.47 during trading hours on Monday, hitting $65.89. 21,729 shares of the company were exchanged, compared to its average volume of 53,715. The firm has a fifty day moving average of $64.70 and a 200 day moving average of $61.81. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 1 year low of $54.50 and a 1 year high of $66.18. The firm has a market cap of $840.10 million, a PE ratio of -1,308.22 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were paid a dividend of $0.121 per share. This represents a $1.45 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date was Thursday, November 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is currently -4,199.41%.

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.