VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Up 204.0% in December

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 15,200 shares, an increase of 204.0% from the December 15th total of 5,000 shares. Based on an average daily volume of 28,100 shares, the short-interest ratio is presently 0.5 days.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Trading Up 1.1 %

CDC stock traded up $0.67 on Wednesday, hitting $63.20. The company had a trading volume of 42,592 shares, compared to its average volume of 24,744. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12-month low of $54.50 and a 12-month high of $67.76. The stock has a market cap of $771.04 million, a price-to-earnings ratio of -1,263.82 and a beta of 0.68. The stock’s 50-day simple moving average is $64.45 and its 200 day simple moving average is $63.36.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were paid a $0.0072 dividend. The ex-dividend date was Wednesday, January 8th. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio (DPR) is currently -4,059.43%.

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 increased its stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) by 61.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund 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 at the end of the most recent quarter.

About VictoryShares US EQ Income Enhanced Volatility Wtd ETF

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.