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

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 15,200 shares, a growth of 204.0% from the December 31st total of 5,000 shares. Based on an average daily volume of 28,100 shares, the days-to-cover ratio is presently 0.5 days.

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

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock traded up $0.42 during midday trading on Thursday, hitting $64.63. The company’s stock had a trading volume of 29,304 shares, compared to its average volume of 29,190. The firm has a market capitalization of $785.25 million, a P/E ratio of -1,292.42 and a beta of 0.68. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 1-year low of $54.50 and a 1-year high of $67.76. The stock has a 50-day simple moving average of $64.14 and a 200-day simple moving average of $63.75.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were issued a dividend of $0.0072 per share. The ex-dividend date of this dividend was Wednesday, January 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is currently -4,059.43%.

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

A hedge fund recently bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Comprehensive Financial Planning Inc. PA purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 7,199 shares of the company’s stock, valued at approximately $451,000. Comprehensive Financial Planning Inc. PA owned about 0.06% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF at the end of the most recent reporting period.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Company Profile

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.