Short Interest in VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Drops By 71.4%

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 1,096 shares, a decline of 71.4% from the December 15th total of 3,831 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 9,461 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 9,461 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

Shares of CDL opened at $70.30 on Wednesday. The company has a 50-day moving average of $69.06 and a two-hundred day moving average of $68.69. The stock has a market cap of $362.05 million, a price-to-earnings ratio of 15.49 and a beta of 0.74. VictoryShares US Large Cap High Div Volatility Wtd ETF has a one year low of $59.65 and a one year high of $70.50.

VictoryShares US Large Cap High Div Volatility Wtd ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, January 9th. Stockholders of record on Thursday, January 8th were given a $0.0379 dividend. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, January 8th.

Institutional Trading of VictoryShares US Large Cap High Div Volatility Wtd ETF

A number of hedge funds have recently made changes to their positions in CDL. Rede Wealth LLC acquired a new stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the third quarter worth approximately $235,000. Western Wealth Management LLC lifted its position in VictoryShares US Large Cap High Div Volatility Wtd ETF by 3.3% in the 3rd quarter. Western Wealth Management LLC now owns 5,122 shares of the company’s stock worth $356,000 after buying an additional 166 shares in the last quarter. Vicus Capital boosted its stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 24.7% during the 2nd quarter. Vicus Capital now owns 6,921 shares of the company’s stock valued at $461,000 after buying an additional 1,372 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 84.3% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 23,639 shares of the company’s stock valued at $1,645,000 after acquiring an additional 10,814 shares in the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 8,430.2% during the 3rd quarter. NewEdge Advisors LLC now owns 43,845 shares of the company’s stock valued at $3,051,000 after acquiring an additional 43,331 shares in the last quarter.

VictoryShares US Large Cap High Div Volatility Wtd ETF Company Profile

The VictoryShares US Large Cap High Div Volatility Wtd ETF (CDL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of dividend-paying large-cap stocks, weighted by inverse volatility. CDL was launched on Jul 8, 2015 and is managed by VictoryShares.