VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Short Interest Up 148.6% in January

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the target of a significant growth in short interest in January. As of January 30th, there was short interest totaling 184 shares, a growth of 148.6% from the January 15th total of 74 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 48 shares, the days-to-cover ratio is currently 3.8 days. Based on an average daily volume of 48 shares, the days-to-cover ratio is currently 3.8 days. Approximately 0.0% of the company’s stock are short sold.

Institutional Investors Weigh In On VictoryShares Corporate Bond ETF

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. grew its stake in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 1.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 6,608,904 shares of the company’s stock after acquiring an additional 92,886 shares during the quarter. Victory Capital Management Inc. owned about 99.68% of VictoryShares Corporate Bond ETF worth $144,173,000 at the end of the most recent quarter.

VictoryShares Corporate Bond ETF Price Performance

Shares of UCRD opened at $21.87 on Friday. The stock’s 50 day moving average is $21.74 and its two-hundred day moving average is $21.74. VictoryShares Corporate Bond ETF has a 12 month low of $20.56 and a 12 month high of $22.04.

VictoryShares Corporate Bond ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, February 9th were given a dividend of $0.0706 per share. The ex-dividend date was Monday, February 9th. This is an increase from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.02. This represents a c) annualized dividend and a yield of 3.9%.

VictoryShares Corporate Bond ETF Company Profile

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.