Short Interest in VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Rises By 185.3%

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 2,399 shares, a growth of 185.3% from the May 14th total of 841 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 7,594 shares, the short-interest ratio is currently 0.3 days.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

CDL traded up $0.84 during trading on Friday, hitting $77.71. The company had a trading volume of 1,228 shares, compared to its average volume of 9,835. The company has a market cap of $392.44 million, a PE ratio of 15.49 and a beta of 0.62. The business has a 50-day moving average of $75.55 and a 200-day moving average of $73.46. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 1-year low of $65.34 and a 1-year high of $77.74.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were issued a dividend of $0.2949 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. This is a positive change from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.22. The ex-dividend date of this dividend was Tuesday, June 9th.

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

A number of institutional investors and hedge funds have recently modified their holdings of CDL. Ameriprise Financial Inc. raised its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 17.6% during the second quarter. Ameriprise Financial Inc. now owns 123,196 shares of the company’s stock worth $8,204,000 after purchasing an additional 18,394 shares during the period. Western Wealth Management LLC increased its holdings in shares of 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 acquiring an additional 166 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 84.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 23,639 shares of the company’s stock worth $1,645,000 after acquiring an additional 10,814 shares during the period. NewEdge Advisors LLC increased its holdings in shares of 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 acquiring an additional 43,331 shares during the period. Finally, Vicus Capital increased its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 4.7% in the 4th quarter. Vicus Capital now owns 8,448 shares of the company’s stock worth $582,000 after acquiring an additional 376 shares during the period.

About VictoryShares US Large Cap High Div Volatility Wtd ETF

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.