VictoryShares US Discovery Enhanced Volatility Wtd ETF (NASDAQ:CSF) Sees Significant Growth in Short Interest

VictoryShares US Discovery Enhanced Volatility Wtd ETF (NASDAQ:CSF) saw a significant growth in short interest in March. As of March 15th, there was short interest totalling 1,000 shares, a growth of 233.3% from the February 28th total of 300 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

VictoryShares US Discovery Enhanced Volatility Wtd ETF Price Performance

Shares of CSF traded down $0.11 during mid-day trading on Thursday, reaching $52.48. The company had a trading volume of 728 shares, compared to its average volume of 3,818. The company has a market capitalization of $39.36 million, a P/E ratio of 16.36 and a beta of 0.70. VictoryShares US Discovery Enhanced Volatility Wtd ETF has a twelve month low of $47.72 and a twelve month high of $60.63. The company’s 50-day moving average is $54.64 and its 200-day moving average is $55.28.

VictoryShares US Discovery Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were paid a dividend of $0.0974 per share. The ex-dividend date of this dividend was Monday, March 10th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Keystone Financial Group bought a new stake in shares of VictoryShares US Discovery Enhanced Volatility Wtd ETF in the 4th quarter worth about $235,000. Bank of America Corp DE boosted its position in VictoryShares US Discovery Enhanced Volatility Wtd ETF by 2.9% in the fourth quarter. Bank of America Corp DE now owns 47,543 shares of the exchange traded fund’s stock valued at $2,609,000 after buying an additional 1,330 shares in the last quarter. Cetera Investment Advisers grew its stake in VictoryShares US Discovery Enhanced Volatility Wtd ETF by 1.8% during the fourth quarter. Cetera Investment Advisers now owns 49,086 shares of the exchange traded fund’s stock worth $2,694,000 after buying an additional 878 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of VictoryShares US Discovery Enhanced Volatility Wtd ETF during the fourth quarter worth approximately $5,261,000.

VictoryShares US Discovery Enhanced Volatility Wtd ETF Company Profile

The Cash Store Financial Services Inc under its Cash Store Financial, Instaloans and The Title Store banners, provides consumers with alternative financial products and services, serving everyday people for whom traditional banking may be inconvenient or unavailable. The Company acts as both a broker and lender of short term advances and offers a range of other products and services to help customers meet their day to day financial service needs.