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

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 4,781 shares, an increase of 67.7% from the July 15th total of 2,851 shares. Based on an average daily volume of 6,396 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock are short sold.

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

Several hedge funds have recently made changes to their positions in CDL. Ameriprise Financial Inc. lifted its position 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 valued at $8,204,000 after buying an additional 18,394 shares during the last quarter. Integrated Wealth Concepts LLC lifted 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 purchasing an additional 10,814 shares during the last quarter. NewEdge Advisors LLC boosted its position 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 purchasing an additional 43,331 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC purchased a new position in VictoryShares US Large Cap High Div Volatility Wtd ETF during the 1st quarter worth $1,232,000.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Down 0.7%

VictoryShares US Large Cap High Div Volatility Wtd ETF stock traded down $0.56 during midday trading on Monday, reaching $80.61. 11,531 shares of the stock traded hands, compared to its average volume of 9,140. The stock’s fifty day moving average is $78.73 and its 200-day moving average is $76.43. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 12 month low of $67.30 and a 12 month high of $81.88. The stock has a market cap of $407.08 million, a P/E ratio of 15.49 and a beta of 0.62.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were given a $0.1359 dividend. This is an increase from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous dividend of $0.11. The ex-dividend date of this dividend was Friday, August 7th.

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.