VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Short Interest Up 152.4% in August

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

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Performance

Shares of CDL traded up $0.10 during trading hours on Monday, hitting $78.80. The stock had a trading volume of 4,806 shares, compared to its average volume of 9,097. The firm has a market cap of $397.95 million, a P/E ratio of 15.49 and a beta of 0.62. The company’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 12-month low of $67.30 and a 12-month high of $81.88.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The company also recently declared 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 boost 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 was Wednesday, September 9th.

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

Several hedge funds and other institutional investors have recently modified their holdings of CDL. Ameriprise Financial Inc. grew its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 17.6% during the 2nd 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. NewEdge Advisors LLC raised its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF by 8,430.2% in the third quarter. NewEdge Advisors LLC now owns 43,845 shares of the company’s stock valued at $3,051,000 after buying an additional 43,331 shares during the period. Integrated Wealth Concepts LLC lifted its position in VictoryShares US Large Cap High Div Volatility Wtd ETF by 46.8% during the fourth quarter. Integrated Wealth Concepts LLC now owns 34,695 shares of the company’s stock valued at $2,389,000 after buying an additional 11,056 shares in the last quarter. Finally, Fifth Third Wealth Advisors LLC acquired a new position in VictoryShares US Large Cap High Div Volatility Wtd ETF during the first quarter valued at approximately $1,232,000.

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.