VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Down 92.0% in November

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a significant decline in short interest in November. As of November 15th, there was short interest totalling 3,900 shares, a decline of 92.0% from the October 31st total of 49,000 shares. Based on an average daily trading volume, of 28,800 shares, the short-interest ratio is currently 0.1 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Price Performance

Shares of CDC stock traded up $0.14 during midday trading on Thursday, reaching $67.51. 17,156 shares of the company traded hands, compared to its average volume of 52,761. The firm’s 50 day simple moving average is $65.21 and its two-hundred day simple moving average is $62.22. The firm has a market cap of $860.75 million, a PE ratio of -1,350.01 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.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were given a dividend of $0.121 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $1.45 dividend on an annualized basis and a yield of 2.15%. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s payout ratio is -4,199.41%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. Farther Finance Advisors LLC raised its holdings in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 413 shares of the company’s stock after acquiring an additional 157 shares during the quarter. Farther Finance Advisors LLC’s holdings in VictoryShares US EQ Income Enhanced Volatility Wtd ETF were worth $27,000 as of its most recent filing with the Securities and Exchange Commission.

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.