Short Interest in VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Grows By 178.4%

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 11,978 shares, an increase of 178.4% from the February 12th total of 4,302 shares. Based on an average daily volume of 9,359 shares, the short-interest ratio is currently 1.3 days. Currently, 0.2% of the shares of the stock are sold short. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 9,359 shares, the short-interest ratio is currently 1.3 days.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

Shares of CDL traded up $0.24 during mid-day trading on Friday, hitting $74.16. The company’s stock had a trading volume of 12,241 shares, compared to its average volume of 12,742. The firm has a 50-day moving average price of $73.76 and a 200 day moving average price of $70.59. VictoryShares US Large Cap High Div Volatility Wtd ETF has a fifty-two week low of $59.65 and a fifty-two week high of $77.18. The stock has a market capitalization of $378.22 million, a price-to-earnings ratio of 15.49 and a beta of 0.74.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, March 10th were given a $0.2563 dividend. This represents a c) annualized dividend and a yield of 4.1%. This is a positive change from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.14. The ex-dividend date was Tuesday, March 10th.

Institutional Investors Weigh In On VictoryShares US Large Cap High Div Volatility Wtd ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Ameriprise Financial Inc. boosted its stake 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 acquiring an additional 18,394 shares in the last quarter. Rede Wealth LLC acquired a new stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the third quarter worth $235,000. Vicus Capital lifted its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 16.6% during the third quarter. Vicus Capital now owns 8,072 shares of the company’s stock valued at $562,000 after purchasing an additional 1,151 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 10.6% during the third quarter. Jones Financial Companies Lllp now owns 72,928 shares of the company’s stock valued at $5,057,000 after purchasing an additional 6,977 shares during the last quarter. Finally, Western Wealth Management LLC boosted its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 3.3% in the 3rd quarter. Western Wealth Management LLC now owns 5,122 shares of the company’s stock valued at $356,000 after purchasing an additional 166 shares during the period.

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.