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

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 5,512 shares, an increase of 152.4% from the August 15th total of 2,184 shares. Based on an average daily volume of 7,840 shares, the short-interest ratio is presently 0.7 days. Currently, 0.1% of the shares of the stock are sold short.

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

Institutional investors have recently bought and sold shares of the business. Fifth Third Wealth Advisors LLC acquired a new stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF in the first quarter valued at $1,232,000. Integrated Wealth Concepts LLC increased its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 84.3% in the third 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 in the last quarter. NewEdge Advisors LLC lifted its holdings in 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 worth $3,051,000 after buying an additional 43,331 shares in the last quarter. Finally, Ameriprise Financial Inc. boosted its position in VictoryShares US Large Cap High Div Volatility Wtd ETF by 17.6% in the 2nd 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.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

Shares of CDL stock opened at $78.70 on Friday. The stock’s fifty day simple moving average is $79.87 and its 200 day simple moving average is $77.15. VictoryShares US Large Cap High Div Volatility Wtd ETF has a one year low of $67.30 and a one year high of $81.88. The firm has a market cap of $397.44 million, a price-to-earnings 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 monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were paid a dividend of $0.2786 per share. This is a positive change from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.21. This represents a c) annualized dividend and a yield of 4.2%. The ex-dividend date of this dividend was Wednesday, September 9th.

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.