VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC) Sees Sharp Rise in Short-Term Interest

VictoryShares US EQ Income Enhanced Volatility Wtd ETF (NASDAQ:CDC – Get a rating) was the target of significant growth in short interest during the month of May. As of May 31, there were short interests totaling 135,700 shares, a growth of 136.4% from the total of 57,400 shares as of May 15. Based on an average daily volume of 242,400 shares, the day-to-cover ratio is currently 0.6 days.

A number of hedge funds and other institutional investors have recently changed their holdings in CDC. IFP Advisors Inc increased its equity stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 1.0% during the 4th quarter. IFP Advisors Inc now owns 62,529 shares of the company worth $4,351,000 after acquiring 608 additional shares in the last quarter. Flow Traders US LLC increased its equity stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 142.8% during Q3. Flow Traders US LLC now owns 12,208 shares of the company worth $786,000 after acquiring 7,179 additional shares in the last quarter. Eudaimonia Partners LLC purchased a new stake in shares of VictoryShares US EQ Income Enhanced Volatility Wtd ETF during Q1 for a value of approximately $2,334,000. Integrated Wealth Concepts LLC increased its equity stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 4.8% during Q1. Integrated Wealth Concepts LLC now owns 148,880 shares of the company worth $10,698,000 after acquiring 6,827 additional shares in the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its equity stake in VictoryShares US EQ Income Enhanced Volatility Wtd ETF by 170.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 169,496 shares of the company worth $12,180,000 after acquiring an additional 106,875 shares in the last quarter.

VictoryShares US EQ Income Enhanced Volatility Wtd ETF stock opened at $68.20 on Friday. The company has a 50-day simple moving average of $71.09 and a 200-day simple moving average of $70.01. The VictoryShares US EQ Income Enhanced Volatility Wtd ETF has a 12-month low of $62.95 and a 12-month high of $74.46.

The company also recently announced a monthly dividend, which will be paid on Tuesday, June 14. Shareholders of record on Monday, June 13 will receive a dividend of $0.217. The ex-date of this dividend is Friday, June 10. This represents a dividend of $2.60 on an annualized basis and a yield of 3.82%. This is an increase from VictoryShares US EQ Income Enhanced Volatility Wtd ETF’s previous monthly dividend of $0.07.

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