VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Sees Significant Growth in Short Interest

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the recipient of a significant increase in short interest in July. As of July 15th, there was short interest totaling 2,851 shares, an increase of 367.4% from the June 30th total of 610 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 9,148 shares, the short-interest ratio is currently 0.3 days.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

NASDAQ:CDL traded up $0.41 on Monday, reaching $80.41. The stock had a trading volume of 1,820 shares, compared to its average volume of 9,194. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 12-month low of $66.86 and a 12-month high of $80.86. The firm’s fifty day moving average is $77.49 and its two-hundred day moving average is $75.45. The company has a market cap of $406.07 million, a price-to-earnings ratio of 15.49 and a beta of 0.62.

VictoryShares US Large Cap High Div Volatility Wtd ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a $0.2104 dividend. The ex-dividend date was Thursday, July 9th. This represents a c) dividend on an annualized basis and a dividend yield of 3.1%.

Hedge Funds Weigh In On VictoryShares US Large Cap High Div Volatility Wtd ETF

A number of hedge funds have recently bought and sold shares of the company. Ameriprise Financial Inc. raised its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 17.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 123,196 shares of the company’s stock valued at $8,204,000 after acquiring an additional 18,394 shares in the last quarter. NewEdge Advisors LLC increased its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 8,430.2% in the 3rd quarter. NewEdge Advisors LLC now owns 43,845 shares of the company’s stock worth $3,051,000 after purchasing an additional 43,331 shares in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 46.8% during the fourth quarter. Integrated Wealth Concepts LLC now owns 34,695 shares of the company’s stock valued at $2,389,000 after acquiring an additional 11,056 shares during the period. Fifth Third Wealth Advisors LLC acquired a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF during the 1st quarter valued at $1,232,000. Finally, Vicus Capital boosted its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 4.7% in the fourth quarter. Vicus Capital now owns 8,448 shares of the company’s stock worth $582,000 after buying an additional 376 shares during the period.

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.