VictoryShares Developed Enhanced Volatility Wtd ETF (NASDAQ:CIZ) Sees Significant Decrease in Short Interest

VictoryShares Developed Enhanced Volatility Wtd ETF (NASDAQ:CIZ) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 200 shares, a decrease of 99.4% from the September 30th total of 31,200 shares. Based on an average daily trading volume, of 12,600 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On VictoryShares Developed Enhanced Volatility Wtd ETF

An institutional investor recently bought a new position in VictoryShares Developed Enhanced Volatility Wtd ETF stock. Cetera Investment Advisers purchased a new stake in VictoryShares Developed Enhanced Volatility Wtd ETF (NASDAQ:CIZ) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 233,252 shares of the company’s stock, valued at approximately $7,329,000. Cetera Investment Advisers owned 22.21% of VictoryShares Developed Enhanced Volatility Wtd ETF at the end of the most recent quarter.

VictoryShares Developed Enhanced Volatility Wtd ETF Stock Performance

Shares of CIZ stock remained flat at $32.04 on Friday. The company had a trading volume of 1,020 shares, compared to its average volume of 7,019. VictoryShares Developed Enhanced Volatility Wtd ETF has a twelve month low of $27.48 and a twelve month high of $33.44. The company has a market capitalization of $24.03 million, a PE ratio of 13.58 and a beta of 0.61. The stock’s 50 day moving average is $32.42 and its 200 day moving average is $31.49.

VictoryShares Developed Enhanced Volatility Wtd ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were issued a $0.0797 dividend. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $0.96 dividend on an annualized basis and a yield of 2.98%.

VictoryShares Developed Enhanced Volatility Wtd ETF Company Profile

The VictoryShares Developed Enhanced Volatility Wtd ETF (CIZ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 500 ex-US developed-market stocks screened for positive earnings weighted by volatility. The fund can hold up to 75% cash in market downturns. CIZ was launched on Oct 1, 2014 and is managed by VictoryShares.