VictoryShares Developed Enhanced Volatility Wtd ETF (NASDAQ:CIZ – Get Rating) benefited from strong growth in short-term interest during the month of July. As of July 31, there was short interest totaling 6,600 shares, a growth of 175.0% from the July 15 total of 2,400 shares. Based on an average daily volume of 4,600 shares, the day-to-cover ratio is currently 1.4 days.
VictoryShares has developed an enhanced volatility ETF with a 0.3% upside
NASDAQ:CIZ shares opened at $29.87 on Thursday. VictoryShares Developed Enhanced Volatility Wtd ETF has a 52 week low of $29.09 and a 52 week high of $35.45. The company has a 50-day simple moving average of $29.62 and a 200-day simple moving average of $30.84.
VictoryShares has developed an Enhanced Volatility Wtd ETF that cuts the dividend
The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 13. Shareholders of record on Tuesday, July 12 received a dividend of $0.034 per share. This represents an annualized dividend of $0.41 and a yield of 1.37%. The ex-dividend date was Monday, July 11.
Institutional entries and exits
A number of hedge funds have recently changed their CIZ holdings. Royal Bank of Canada increased its position in the VictoryShares Developed Enhanced Volatility Wtd ETF by 7.2% in the first quarter. Royal Bank of Canada now owns 22,122 shares of the company valued at $718,000 after buying an additional 1,495 shares in the last quarter. NewEdge Advisors LLC increased its holdings in VictoryShares Developed Enhanced Volatility Wtd ETF by 16.2% in the first quarter. NewEdge Advisors LLC now owns 23,645 shares of the company worth $767,000 after purchasing 3,297 additional shares in the last quarter. Bank of America Corp DE increased its holdings in VictoryShares Developed Enhanced Volatility Wtd ETF by 4.5% in the first quarter. Bank of America Corp DE now owns 93,720 shares of the company worth $3,042,000 after buying an additional 4,021 shares last quarter. Raymond James Financial Services Advisors Inc. increased its stake in VictoryShares Developed Enhanced Volatility Wtd ETF by 19.4% in the first quarter. Raymond James Financial Services Advisors Inc. now owns 25,269 shares of the company valued at $820,000 after acquiring 4,107 additional shares during the period. Finally, Atria Wealth Solutions Inc. acquired a new stake in VictoryShares Developed Enhanced Volatility Wtd ETF in the first quarter worth approximately $535,000.
Read more
Receive daily news and reviews for VictoryShares Developed Enhanced Volatility Wtd ETF – Enter your email address below to receive a concise daily summary of the latest news and analyst notes for VictoryShares Developed Enhanced Volatility Wtd ETF and related companies with MarketBeat.com’s FREE daily email newsletter.