Short Interest in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Grows By 78.3%

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the target of a large growth in short interest in the month of February. As of February 13th, there was short interest totaling 328 shares, a growth of 78.3% from the January 29th total of 184 shares. Based on an average daily volume of 60 shares, the days-to-cover ratio is presently 5.5 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 60 shares, the days-to-cover ratio is presently 5.5 days.

VictoryShares Corporate Bond ETF Trading Up 0.2%

VictoryShares Corporate Bond ETF stock opened at $21.99 on Friday. VictoryShares Corporate Bond ETF has a 1 year low of $20.56 and a 1 year high of $22.04. The firm’s 50 day moving average price is $21.78 and its 200-day moving average price is $21.78.

VictoryShares Corporate Bond ETF Increases Dividend

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

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. lifted its position in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 1.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 6,608,904 shares of the company’s stock after purchasing 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 reporting period.

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.