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 large growth in short interest in the month of September. As of September 15th, there was short interest totaling 11,936 shares, a growth of 116.5% from the August 31st total of 5,512 shares. Based on an average trading volume of 9,432 shares, the days-to-cover ratio is presently 1.3 days. Currently, 0.2% of the company’s stock are sold short.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

Shares of CDL opened at $75.12 on Wednesday. The company has a market capitalization of $383.11 million, a price-to-earnings ratio of 15.49 and a beta of 0.62. VictoryShares US Large Cap High Div Volatility Wtd ETF has a fifty-two week low of $67.30 and a fifty-two week high of $81.88. The business’s 50-day moving average is $79.30 and its 200-day moving average is $77.22.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, September 9th were given a dividend of $0.2786 per share. The ex-dividend date of this dividend was Wednesday, September 9th. This is a boost from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.2104. This represents a $3.34 dividend on an annualized basis and a yield of 4.4%.

Institutional Investors Weigh In On VictoryShares US Large Cap High Div Volatility Wtd ETF

An institutional investor recently bought a new position in VictoryShares US Large Cap High Div Volatility Wtd ETF stock. Fifth Third Wealth Advisors LLC bought a new stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 16,528 shares of the company’s stock, valued at approximately $1,232,000. Fifth Third Wealth Advisors LLC owned 0.33% of VictoryShares US Large Cap High Div Volatility Wtd ETF as of its most recent SEC filing.

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.