VictoryShares Corporate Bond ETF (NASDAQ:UCRD – Get Free Report) saw a significant increase in short interest in August. As of August 31st, there was short interest totalling 800 shares, an increase of 60.0% from the August 15th total of 500 shares. Based on an average daily volume of 2,900 shares, the days-to-cover ratio is currently 0.3 days.
VictoryShares Corporate Bond ETF Trading Down 0.3 %
Shares of UCRD traded down $0.07 during midday trading on Friday, reaching $20.13. 101 shares of the company were exchanged, compared to its average volume of 1,858. The stock has a 50-day moving average price of $20.40 and a 200-day moving average price of $20.50. VictoryShares Corporate Bond ETF has a 1-year low of $19.04 and a 1-year high of $21.32.
VictoryShares Corporate Bond ETF Increases Dividend
The firm also recently declared a monthly dividend, which was paid on Friday, September 8th. Investors of record on Thursday, September 7th were paid a $0.0743 dividend. This is a boost from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.06. The ex-dividend date was Wednesday, September 6th. This represents a $0.89 annualized dividend and a dividend yield of 4.43%.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in VictoryShares Corporate Bond ETF stock. Jane Street Group LLC purchased a new stake in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 23,034 shares of the company’s stock, valued at approximately $452,000. Jane Street Group LLC owned approximately 0.46% of VictoryShares Corporate Bond ETF at the end of the most recent quarter.
About VictoryShares Corporate Bond ETF
(Get Free Report)
The Victory Portfolios II VictoryShares Corporate Bond ETF (UCRD) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that employs a proprietary ESG and credit rating methodology to select investment-grade corporate bonds. UCRD was launched on Oct 4, 2021 and is managed by VictoryShares.
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