VictoryShares US Discovery Enhanced Volatility Wtd ETF (NASDAQ:CSF) Short Interest Update

VictoryShares US Discovery Enhanced Volatility Wtd ETF (NASDAQ:CSF) was the recipient of a large increase in short interest during the month of August. As of August 15th, there was short interest totalling 12,900 shares, an increase of 3,125.0% from the July 31st total of 400 shares. Based on an average trading volume of 4,100 shares, the days-to-cover ratio is currently 3.1 days.

VictoryShares US Discovery Enhanced Volatility Wtd ETF Price Performance

Shares of VictoryShares US Discovery Enhanced Volatility Wtd ETF stock opened at $53.76 on Wednesday. The company has a 50 day simple moving average of $51.85 and a two-hundred day simple moving average of $50.52. The firm has a market cap of $43.01 million, a PE ratio of 11.77 and a beta of 0.70. VictoryShares US Discovery Enhanced Volatility Wtd ETF has a 1 year low of $46.65 and a 1 year high of $55.31.

VictoryShares US Discovery Enhanced Volatility Wtd ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, August 9th. Stockholders of record on Thursday, August 8th were issued a dividend of $0.1425 per share. This is an increase from VictoryShares US Discovery Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.05. This represents a $1.71 dividend on an annualized basis and a dividend yield of 3.18%. The ex-dividend date was Thursday, August 8th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its stake in VictoryShares US Discovery Enhanced Volatility Wtd ETF by 494.7% during the fourth quarter. International Assets Investment Management LLC now owns 13,850 shares of the exchange traded fund’s stock worth $681,000 after purchasing an additional 11,521 shares during the last quarter. Orion Portfolio Solutions LLC lifted its position in VictoryShares US Discovery Enhanced Volatility Wtd ETF by 4.3% in the 4th quarter. Orion Portfolio Solutions LLC now owns 27,009 shares of the exchange traded fund’s stock worth $1,304,000 after buying an additional 1,118 shares during the last quarter. Cetera Investment Advisers bought a new stake in VictoryShares US Discovery Enhanced Volatility Wtd ETF in the 1st quarter worth approximately $2,086,000. Finally, Smith Thornton Advisors LLC purchased a new stake in VictoryShares US Discovery Enhanced Volatility Wtd ETF in the second quarter worth approximately $242,000.

About VictoryShares US Discovery Enhanced Volatility Wtd ETF

The Cash Store Financial Services Inc under its Cash Store Financial, Instaloans and The Title Store banners, provides consumers with alternative financial products and services, serving everyday people for whom traditional banking may be inconvenient or unavailable. The Company acts as both a broker and lender of short term advances and offers a range of other products and services to help customers meet their day to day financial service needs.