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

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the target of a significant decrease in short interest in June. As of June 15th, there was short interest totaling 753 shares, a decrease of 68.6% from the May 31st total of 2,399 shares. Based on an average trading volume of 6,357 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Down 0.4%

Shares of NASDAQ CDL traded down $0.28 during mid-day trading on Monday, reaching $78.25. 3,903 shares of the company were exchanged, compared to its average volume of 9,524. VictoryShares US Large Cap High Div Volatility Wtd ETF has a twelve month low of $66.25 and a twelve month high of $78.62. The stock has a market capitalization of $395.16 million, a P/E ratio of 15.49 and a beta of 0.62. The company’s 50-day simple moving average is $76.05 and its 200-day simple moving average is $74.06.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were paid a $0.2949 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. This is an increase from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.22. The ex-dividend date was Tuesday, June 9th.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Vicus Capital grew its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 4.7% during the 4th quarter. Vicus Capital now owns 8,448 shares of the company’s stock valued at $582,000 after purchasing an additional 376 shares during the last quarter. Integrated Wealth Concepts LLC raised its holdings in 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 worth $1,645,000 after purchasing an additional 10,814 shares during the last quarter. Fifth Third Wealth Advisors LLC bought a new position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF in the 1st quarter worth about $1,232,000. Ameriprise Financial Inc. grew its position 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 buying an additional 18,394 shares during the period. Finally, NewEdge Advisors LLC boosted its position in shares of 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 purchasing an additional 43,331 shares in the last quarter.

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.