VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Short Interest Up 91.1% in December

by · The Cerbat Gem

VictoryShares Corporate Bond ETF (NASDAQ:UCRD – Get Free Report) was the target of a large increase in short interest during the month of December. As of December 15th, there was short interest totaling 172 shares, an increase of 91.1% from the November 30th total of 90 shares. Based on an average trading volume of 16,536 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 16,536 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. increased its stake in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD – Free Report) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,608,904 shares of the company’s stock after acquiring an additional 92,886 shares during the quarter. Victory Capital Management Inc. owned about 99.68% of VictoryShares Corporate Bond ETF worth $144,173,000 at the end of the most recent quarter.

VictoryShares Corporate Bond ETF Stock Performance

UCRD stock opened at $21.74 on Friday. The business has a 50 day moving average price of $21.79 and a 200 day moving average price of $21.64. VictoryShares Corporate Bond ETF has a fifty-two week low of $20.56 and a fifty-two week high of $22.04.

VictoryShares Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were given a dividend of $0.1283 per share. The ex-dividend date was Thursday, December 11th. This represents a c) annualized dividend and a dividend yield of 7.1%. This is a boost from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.07.

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.

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