VictoryShares US Small Cap High Div Volatility Wtd ETF (NASDAQ:CSB) Sees Significant Decrease in Short Interest
by Doug Wharley · The Cerbat GemVictoryShares US Small Cap High Div Volatility Wtd ETF (NASDAQ:CSB – Get Free Report) was the target of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 3,376 shares, a decrease of 58.5% from the March 15th total of 8,129 shares. Based on an average daily volume of 5,752 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the company’s stock are short sold.
Institutional Inflows and Outflows
Several large investors have recently added to or reduced their stakes in CSB. Nemes Rush Group LLC acquired a new position in VictoryShares US Small Cap High Div Volatility Wtd ETF during the fourth quarter worth $27,000. Sound Income Strategies LLC acquired a new position in VictoryShares US Small Cap High Div Volatility Wtd ETF during the fourth quarter worth $28,000. JPMorgan Chase & Co. boosted its holdings in VictoryShares US Small Cap High Div Volatility Wtd ETF by 37.1% during the third quarter. JPMorgan Chase & Co. now owns 905 shares of the company’s stock worth $54,000 after purchasing an additional 245 shares during the last quarter. CoreCap Advisors LLC boosted its holdings in VictoryShares US Small Cap High Div Volatility Wtd ETF by 11.5% during the fourth quarter. CoreCap Advisors LLC now owns 23,345 shares of the company’s stock worth $1,368,000 after purchasing an additional 2,406 shares during the last quarter. Finally, IAG Wealth Partners LLC lifted its stake in VictoryShares US Small Cap High Div Volatility Wtd ETF by 8.7% in the third quarter. IAG Wealth Partners LLC now owns 47,760 shares of the company’s stock valued at $2,825,000 after acquiring an additional 3,825 shares during the last quarter.
VictoryShares US Small Cap High Div Volatility Wtd ETF Stock Down 0.6%
CSB traded down $0.37 during trading hours on Friday, hitting $63.73. 7,822 shares of the company’s stock were exchanged, compared to its average volume of 11,324. VictoryShares US Small Cap High Div Volatility Wtd ETF has a 1-year low of $50.40 and a 1-year high of $64.69. The stock’s 50-day moving average is $62.49 and its two-hundred day moving average is $60.23. The stock has a market cap of $261.29 million, a price-to-earnings ratio of 12.00 and a beta of 0.87.
VictoryShares US Small Cap High Div Volatility Wtd ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 9th were issued a dividend of $0.1305 per share. The ex-dividend date was Thursday, April 9th. This represents a c) annualized dividend and a yield of 2.5%.
About VictoryShares US Small Cap High Div Volatility Wtd ETF
The VictoryShares US Small Cap High Div Volatility Wtd ETF (CSB) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks the performance of the Compass EMP US Small Cap High Dividend 100 Volatility Weighted Index by investing in small-cap dividend-paying US common stocks. CSB was launched on Jul 8, 2015 and is managed by VictoryShares.