VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Short Interest Down 57.1% in May

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 841 shares, a drop of 57.1% from the April 30th total of 1,960 shares. Based on an average trading volume of 8,237 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Down 0.8%

Shares of CDL stock traded down $0.62 during mid-day trading on Monday, reaching $75.30. The company’s stock had a trading volume of 6,451 shares, compared to its average volume of 10,145. The company’s 50 day simple moving average is $75.11 and its 200-day simple moving average is $72.99. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 12-month low of $65.07 and a 12-month high of $77.18. The firm has a market capitalization of $380.27 million, a PE ratio of 15.49 and a beta of 0.64.

VictoryShares US Large Cap High Div Volatility Wtd ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were paid a dividend of $0.1125 per share. The ex-dividend date was Friday, May 8th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Jones Financial Companies Lllp lifted its stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 10.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 72,928 shares of the company’s stock worth $5,057,000 after acquiring an additional 6,977 shares during the period. NewEdge Advisors LLC raised its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 8,430.2% during the third quarter. NewEdge Advisors LLC now owns 43,845 shares of the company’s stock valued at $3,051,000 after acquiring an additional 43,331 shares during the period. Ameriprise Financial Inc. raised its holdings 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 acquiring an additional 18,394 shares during the period. Fifth Third Wealth Advisors LLC acquired a new stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the first quarter valued at approximately $1,232,000. Finally, Integrated Wealth Concepts LLC raised its holdings in shares of 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 acquiring an additional 11,056 shares during the period.

VictoryShares US Large Cap High Div Volatility Wtd ETF Company Profile

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.