VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Short Interest Down 5.4% in May

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) was the recipient of a large decline in short interest during the month of May. As of May 31st, there was short interest totalling 46,900 shares, a decline of 5.4% from the May 15th total of 49,600 shares. Based on an average daily trading volume, of 48,500 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On VictoryShares US EQ Income Enhanced Volatility Wtd ETF

A hedge fund recently bought a new stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock. KPP Advisory Services LLC bought a new position in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 28,793 shares of the company’s stock, valued at approximately $1,608,000. KPP Advisory Services LLC owned 0.14% of VictoryShares US EQ Income Enhanced Volatility Wtd ETF as of its most recent filing with the SEC.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Stock Performance

NASDAQ:CDC opened at $58.12 on Tuesday. The stock’s 50-day simple moving average is $58.68 and its 200 day simple moving average is $57.41. VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 52-week low of $54.50 and a 52-week high of $60.52. The company has a market cap of $857.27 million, a P/E ratio of -1,162.24 and a beta of 0.68.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, June 13th. Stockholders of record on Wednesday, June 12th were paid a dividend of $0.2216 per share. The ex-dividend date was Wednesday, June 12th. This represents a $2.66 dividend on an annualized basis and a dividend yield of 4.58%. This is a boost from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.21. VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s dividend payout ratio is currently -4,839.32%.

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.