VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Short Interest Up 125.5% in April

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 2,997 shares, a growth of 125.5% from the March 31st total of 1,329 shares. Based on an average trading volume of 294 shares, the days-to-cover ratio is currently 10.2 days. Currently, 0.0% of the company’s shares are sold short.

VictoryShares Corporate Bond ETF Trading Down 0.0%

NASDAQ:UCRD opened at $21.63 on Monday. The firm’s fifty day simple moving average is $21.63 and its 200 day simple moving average is $21.73. VictoryShares Corporate Bond ETF has a twelve month low of $20.81 and a twelve month high of $22.04.

VictoryShares Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 9th were issued a $0.0776 dividend. This represents a c) annualized dividend and a yield of 4.3%. This is an increase from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.08. The ex-dividend date was Thursday, April 9th.

Hedge Funds Weigh In On VictoryShares Corporate Bond ETF

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. lifted its stake in shares of VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 2.7% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,788,904 shares of the company’s stock after buying an additional 180,000 shares during the quarter. Victory Capital Management Inc. owned about 96.98% of VictoryShares Corporate Bond ETF worth $147,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About VictoryShares Corporate Bond ETF

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.