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) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 10,000 shares, a growth of 35.1% from the March 15th total of 7,400 shares. Based on an average daily trading volume, of 10,700 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.2% of the shares of the stock are short sold.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

Shares of CDL stock opened at $63.84 on Friday. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 1-year low of $59.37 and a 1-year high of $70.76. The business’s fifty day moving average price is $66.51 and its 200 day moving average price is $67.06. The firm has a market capitalization of $328.78 million, a PE ratio of 15.88 and a beta of 0.89.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 10th were issued a $0.2256 dividend. This is a positive change from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.12. The ex-dividend date was Thursday, April 10th. This represents a $2.71 annualized dividend and a yield of 4.24%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Integrated Wealth Concepts LLC increased its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF by 3.6% during the 4th quarter. Integrated Wealth Concepts LLC now owns 10,089 shares of the company’s stock valued at $659,000 after acquiring an additional 349 shares in the last quarter. NBC Securities Inc. acquired a new position in VictoryShares US Large Cap High Div Volatility Wtd ETF in the 1st quarter valued at about $44,000. Vicus Capital lifted its stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 45.9% during the first quarter. Vicus Capital now owns 5,549 shares of the company’s stock valued at $380,000 after buying an additional 1,746 shares during the period. Golden State Wealth Management LLC purchased a new position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the 4th quarter worth $268,000. Finally, Keystone Financial Group purchased a new position in VictoryShares US Large Cap High Div Volatility Wtd ETF during the fourth quarter worth about $532,000.

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.