VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Short Interest Down 68.6% in June

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

VictoryShares US Large Cap High Div Volatility Wtd ETF Trading Up 0.9%

Shares of CDL traded up $0.72 during mid-day trading on Friday, reaching $78.53. The company’s stock had a trading volume of 4,704 shares, compared to its average volume of 9,570. The business has a 50-day simple moving average of $76.05 and a two-hundred day simple moving average of $74.02. The stock has a market cap of $396.58 million, a P/E ratio of 15.49 and a beta of 0.62. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 1-year low of $66.03 and a 1-year high of $78.62.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Ameriprise Financial Inc. raised its stake in 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 worth $8,204,000 after buying an additional 18,394 shares during the last quarter. NewEdge Advisors LLC raised its stake 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 during the period. Integrated Wealth Concepts LLC grew its holdings 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 purchasing an additional 11,056 shares during the period. Fifth Third Wealth Advisors LLC purchased a new position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF in the first quarter worth about $1,232,000. Finally, Vicus Capital raised its stake 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 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.