VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Short Interest Update

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 884 shares, a decline of 42.4% from the August 31st total of 1,534 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 755 shares, the days-to-cover ratio is currently 1.2 days.

VictoryShares Corporate Bond ETF Stock Performance

Shares of UCRD opened at $20.46 on Thursday. VictoryShares Corporate Bond ETF has a 12 month low of $20.45 and a 12 month high of $22.04. The firm has a fifty day simple moving average of $21.01 and a 200 day simple moving average of $21.30.

VictoryShares Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were issued a dividend of $0.0576 per share. The ex-dividend date was Wednesday, September 9th. This is a drop from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.0735. This represents a $0.69 annualized dividend and a yield of 3.4%.

About VictoryShares Corporate Bond ETF

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.