Short Interest in VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Drops By 54.3%

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the recipient of a large decrease in short interest during the month of August. As of August 14th, there was short interest totaling 2,184 shares, a decrease of 54.3% from the July 30th total of 4,781 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 7,640 shares, the days-to-cover ratio is presently 0.3 days.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Up 0.0%

CDL traded up $0.03 on Friday, hitting $80.22. The company had a trading volume of 14,385 shares, compared to its average volume of 9,067. The company has a market cap of $405.11 million, a PE ratio of 15.49 and a beta of 0.62. 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. The business’s fifty day simple moving average is $79.54 and its 200 day simple moving average is $76.91.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were paid a dividend of $0.1359 per share. The ex-dividend date of this dividend was Friday, August 7th. This is an increase from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous dividend of $0.11.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Fifth Third Wealth Advisors LLC purchased a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF in the 1st quarter valued at about $1,232,000. Integrated Wealth Concepts LLC increased its position 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 worth $2,389,000 after acquiring an additional 11,056 shares during the period. NewEdge Advisors LLC raised its stake 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 in the last quarter. Finally, Ameriprise Financial Inc. raised its stake 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 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.