VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA) Shares Shorted: Short Interest Up 309.3% in September

by · The Markets Daily

VictoryShares US 500 Volatility Wtd ETF (NASDAQ:CFA – Get Free Report) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 7,990 shares, an increase of 309.3% from the September 15th total of 1,952 shares. Based on an average daily volume of 5,888 shares, the days-to-cover ratio is presently 1.4 days. Currently, 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On VictoryShares US 500 Volatility Wtd ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in CFA. Fifth Third Bancorp raised its stake in shares of VictoryShares US 500 Volatility Wtd ETF by 135,328.5% in the first quarter. Fifth Third Bancorp now owns 232,937 shares of the company’s stock valued at $21,309,000 after purchasing an additional 232,765 shares in the last quarter. Rockefeller Capital Management L.P. boosted its stake in VictoryShares US 500 Volatility Wtd ETF by 1,928.6% during the fourth quarter. Rockefeller Capital Management L.P. now owns 120,500 shares of the company’s stock worth $10,967,000 after buying an additional 114,560 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in VictoryShares US 500 Volatility Wtd ETF by 2.3% during the second quarter. Envestnet Asset Management Inc. now owns 20,633 shares of the company’s stock worth $2,039,000 after buying an additional 460 shares in the last quarter. Patriot Financial Group Insurance Agency LLC boosted its stake in VictoryShares US 500 Volatility Wtd ETF by 95.9% during the first quarter. Patriot Financial Group Insurance Agency LLC now owns 9,460 shares of the company’s stock worth $865,000 after buying an additional 4,630 shares in the last quarter. Finally, NWF Advisory Services Inc. boosted its stake in VictoryShares US 500 Volatility Wtd ETF by 23.8% during the first quarter. NWF Advisory Services Inc. now owns 7,659 shares of the company’s stock worth $701,000 after buying an additional 1,470 shares in the last quarter.

VictoryShares US 500 Volatility Wtd ETF Stock Performance

Shares of CFA opened at $98.13 on Tuesday. The company has a 50-day simple moving average of $99.56 and a 200-day simple moving average of $97.54. The firm has a market capitalization of $515.18 million, a P/E ratio of 20.50 and a beta of 0.86. VictoryShares US 500 Volatility Wtd ETF has a 52 week low of $87.20 and a 52 week high of $103.11.

VictoryShares US 500 Volatility Wtd ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were given a dividend of $0.1015 per share. This represents a $1.22 dividend on an annualized basis and a yield of 1.2%. This is a drop from VictoryShares US 500 Volatility Wtd ETF’s previous monthly dividend of $0.1606. The ex-dividend date of this dividend was Thursday, October 8th.

VictoryShares US 500 Volatility Wtd ETF Company Profile

(Get Free Report)

The VictoryShares US 500 Volatility Wtd ETF (CFA) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of the largest US stocks by market cap, screened for positive earnings and weighted by volatility. CFA was launched on Jul 2, 2014 and is managed by VictoryShares.

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