Short Interest in VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Declines By 79.0%

by · The Markets Daily

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Get Free Report) was the target of a large drop in short interest in the month of July. As of July 31st, there was short interest totaling 2,391 shares, a drop of 79.0% from the July 15th total of 11,411 shares. Based on an average trading volume of 13,506 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

Large investors have recently modified their holdings of the stock. Russell Investments Group Ltd. acquired a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF during the 2nd quarter worth approximately $703,000. Western Wealth Management LLC purchased a new position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the 4th quarter worth approximately $845,000. Zions Bancorporation National Association UT acquired a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF in the fourth quarter valued at approximately $949,000. Strategic Blueprint LLC grew its position in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.3% in the fourth quarter. Strategic Blueprint LLC now owns 59,806 shares of the company’s stock valued at $3,941,000 after acquiring an additional 2,441 shares in the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 116.2% during the third quarter. NewEdge Advisors LLC now owns 90,575 shares of the company’s stock valued at $6,045,000 after purchasing an additional 48,686 shares during the period.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Up 0.1%

Shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock opened at $77.75 on Friday. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a twelve month low of $64.30 and a twelve month high of $78.48. The stock has a market cap of $754.17 million, a price-to-earnings ratio of -1,554.78 and a beta of 0.50. The company has a fifty day moving average price of $75.47 and a 200 day moving average price of $73.22.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were paid a dividend of $0.1303 per share. The ex-dividend date was Friday, August 7th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is currently -4,699.34%.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

(Get Free Report)

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.

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