Short Interest in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Expands By 100.0%

Posted by Grant Hamersma on Apr 28th, 2024

VictoryShares Corporate Bond ETF (NASDAQ:UCRD – Get Free Report) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 200 shares, an increase of 100.0% from the March 31st total of 100 shares. Based on an average daily volume of 1,500 shares, the days-to-cover ratio is currently 0.1 days.

VictoryShares Corporate Bond ETF Stock Up 0.3 %

VictoryShares Corporate Bond ETF stock opened at $20.53 on Friday. The company has a fifty day simple moving average of $20.84 and a 200-day simple moving average of $20.64. VictoryShares Corporate Bond ETF has a 52-week low of $19.19 and a 52-week high of $21.38.

VictoryShares Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Investors of record on Friday, April 12th were paid a dividend of $0.0723 per share. This represents a $0.87 annualized dividend and a yield of 4.23%. The ex-dividend date of this dividend was Thursday, April 11th. This is a boost from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.06.

Institutional Trading of VictoryShares Corporate Bond ETF

An institutional investor recently raised its position in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. lifted its stake in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD – Free Report) by 3.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,310,771 shares of the company’s stock after purchasing an additional 190,000 shares during the period. Victory Capital Management Inc. owned 99.83% of VictoryShares Corporate Bond ETF worth $105,165,000 as of its most recent SEC filing.

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.