VictoryShares Developed Enhanced Volatility Wtd ETF (NASDAQ:CIZ) Sees Significant Decrease in Short Interest

Posted by Mickey Rousseau on Oct 27th, 2024

VictoryShares Developed Enhanced Volatility Wtd ETF (NASDAQ:CIZ – Get Free Report) was the recipient of a large decline in short interest in October. As of October 15th, there was short interest totalling 200 shares, a decline of 99.4% from the September 30th total of 31,200 shares. Based on an average trading volume of 12,600 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VictoryShares Developed Enhanced Volatility Wtd ETF stock. Cetera Investment Advisers purchased a new stake in VictoryShares Developed Enhanced Volatility Wtd ETF (NASDAQ:CIZ – Free Report) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 233,252 shares of the company’s stock, valued at approximately $7,329,000. Cetera Investment Advisers owned 22.21% of VictoryShares Developed Enhanced Volatility Wtd ETF at the end of the most recent reporting period.

VictoryShares Developed Enhanced Volatility Wtd ETF Stock Performance

Shares of NASDAQ:CIZ remained flat at $32.04 during trading on Friday. The company’s stock had a trading volume of 1,020 shares, compared to its average volume of 7,019. The stock has a market capitalization of $24.03 million, a PE ratio of 13.58 and a beta of 0.61. VictoryShares Developed Enhanced Volatility Wtd ETF has a 52-week low of $27.48 and a 52-week high of $33.44. The firm has a fifty day simple moving average of $32.42 and a two-hundred day simple moving average of $31.49.

VictoryShares Developed Enhanced Volatility Wtd ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were given a dividend of $0.0797 per share. This represents a $0.96 annualized dividend and a dividend yield of 2.98%. The ex-dividend date was Tuesday, October 8th.

About VictoryShares Developed Enhanced Volatility Wtd ETF

(Get Free Report)

The VictoryShares Developed Enhanced Volatility Wtd ETF (CIZ) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 500 ex-US developed-market stocks screened for positive earnings weighted by volatility. The fund can hold up to 75% cash in market downturns. CIZ was launched on Oct 1, 2014 and is managed by VictoryShares.