Short Interest in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) Expands By 100.0%

VictoryShares Corporate Bond ETF (NASDAQ:UCRD) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 200 shares, an increase of 100.0% from the March 31st total of 100 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 0.1 days.

VictoryShares Corporate Bond ETF Stock Up 0.3 %

UCRD stock opened at $20.53 on Friday. VictoryShares Corporate Bond ETF has a 12 month low of $19.19 and a 12 month high of $21.38. The firm’s 50-day moving average is $20.84 and its 200 day moving average is $20.64.

VictoryShares Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were given a dividend of $0.0723 per share. The ex-dividend date was Thursday, April 11th. This is a positive change from VictoryShares Corporate Bond ETF’s previous monthly dividend of $0.06. This represents a $0.87 dividend on an annualized basis and a dividend yield of 4.23%.

Institutional Trading of VictoryShares Corporate Bond ETF

A hedge fund recently raised its stake in VictoryShares Corporate Bond ETF stock. Victory Capital Management Inc. grew its position in VictoryShares Corporate Bond ETF (NASDAQ:UCRD) by 3.7% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,310,771 shares of the company’s stock after buying an additional 190,000 shares during the quarter. Victory Capital Management Inc. owned 99.83% of VictoryShares Corporate Bond ETF worth $105,165,000 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.