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

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

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

Shares of CDL stock traded down $0.47 during trading hours on Monday, reaching $79.75. 4,291 shares of the company were exchanged, compared to its average volume of 9,038. VictoryShares US Large Cap High Div Volatility Wtd ETF has a fifty-two week low of $67.30 and a fifty-two week high of $81.88. The stock’s fifty day moving average is $79.54 and its two-hundred day moving average is $76.92. The company has a market cap of $402.74 million, a price-to-earnings ratio of 15.49 and a beta of 0.62.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

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

Institutional Investors 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 CDL. Fifth Third Wealth Advisors LLC bought a new stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the first quarter worth $1,232,000. Integrated Wealth Concepts LLC boosted its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF by 84.3% in the third quarter. Integrated Wealth Concepts LLC now owns 23,639 shares of the company’s stock valued at $1,645,000 after acquiring an additional 10,814 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF by 8,430.2% in 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 last quarter. Finally, Ameriprise Financial Inc. increased its position in VictoryShares US Large Cap High Div Volatility Wtd ETF by 17.6% in the second quarter. Ameriprise Financial Inc. now owns 123,196 shares of the company’s stock worth $8,204,000 after purchasing an additional 18,394 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.