VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Down 6.7% in October

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw a large decrease in short interest in October. As of October 15th, there was short interest totalling 46,100 shares, a decrease of 6.7% from the September 30th total of 49,400 shares. Based on an average daily volume of 30,900 shares, the short-interest ratio is presently 1.5 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock traded up $0.22 during mid-day trading on Friday, reaching $64.60. The stock had a trading volume of 1,560 shares, compared to its average volume of 54,219. The firm has a market capitalization of $823.65 million, a PE ratio of -1,291.82 and a beta of 0.68. The stock’s 50-day simple moving average is $64.32 and its 200-day simple moving average is $61.17. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a fifty-two week low of $54.50 and a fifty-two week high of $66.05.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were issued a $0.1512 dividend. The ex-dividend date was Tuesday, October 8th. This represents a $1.81 dividend on an annualized basis and a dividend yield of 2.81%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is presently -4,399.38%.

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. Cambridge Investment Research Advisors Inc. boosted its holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 1.8% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 179,885 shares of the company’s stock after buying an additional 3,138 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 1.31% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF worth $10,534,000 as of its most recent filing with the Securities and Exchange Commission.

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.