Short Interest in VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Rises By 185.3%

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 2,399 shares, an increase of 185.3% from the May 14th total of 841 shares. Based on an average daily volume of 7,594 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Western Wealth Management LLC boosted its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 3.3% in the third quarter. Western Wealth Management LLC now owns 5,122 shares of the company’s stock worth $356,000 after buying an additional 166 shares during the period. Vicus Capital boosted its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 4.7% in the fourth quarter. Vicus Capital now owns 8,448 shares of the company’s stock worth $582,000 after buying an additional 376 shares during the period. Fifth Third Wealth Advisors LLC acquired a new position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF in the first quarter worth about $1,232,000. Integrated Wealth Concepts LLC boosted its holdings in shares of 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 worth $1,645,000 after buying an additional 10,814 shares during the period. Finally, NewEdge Advisors LLC boosted its holdings in shares of 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 worth $3,051,000 after buying an additional 43,331 shares during the period.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Performance

Shares of NASDAQ:CDL traded up $0.84 during trading hours on Friday, hitting $77.71. 1,228 shares of the company’s stock traded hands, compared to its average volume of 9,835. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 52 week low of $65.34 and a 52 week high of $77.74. The company’s fifty day simple moving average is $75.55 and its two-hundred day simple moving average is $73.46. The company has a market cap of $392.44 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 announced a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were issued a $0.2949 dividend. 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) annualized dividend and a dividend yield of 4.6%.

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.