Short Interest in VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) Drops By 71.4%

VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) saw a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 2,800 shares, a decrease of 71.4% from the March 31st total of 9,800 shares. Based on an average daily trading volume, of 1,000 shares, the days-to-cover ratio is currently 2.8 days.

VictoryShares International Volatility Wtd ETF Price Performance

CIL traded up $0.25 during trading hours on Friday, hitting $41.97. 78 shares of the stock were exchanged, compared to its average volume of 2,296. The stock has a 50-day simple moving average of $42.38 and a 200-day simple moving average of $40.69. VictoryShares International Volatility Wtd ETF has a 12 month low of $35.99 and a 12 month high of $43.45. The stock has a market cap of $92.34 million, a price-to-earnings ratio of 14.32 and a beta of 0.86.

VictoryShares International Volatility Wtd ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Investors of record on Friday, April 12th were paid a dividend of $0.1813 per share. This represents a $2.18 annualized dividend and a yield of 5.18%. The ex-dividend date was Thursday, April 11th.

Hedge Funds Weigh In On VictoryShares International Volatility Wtd ETF

A hedge fund recently raised its stake in VictoryShares International Volatility Wtd ETF stock. TAP Consulting LLC boosted its stake in VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) by 0.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 117,706 shares of the company’s stock after buying an additional 713 shares during the period. VictoryShares International Volatility Wtd ETF accounts for approximately 1.2% of TAP Consulting LLC’s investment portfolio, making the stock its 22nd largest holding. TAP Consulting LLC owned 5.35% of VictoryShares International Volatility Wtd ETF worth $4,485,000 at the end of the most recent reporting period.

About VictoryShares International Volatility Wtd ETF

The VictoryShares International Volatility Wtd ETF (CIL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of developed-market equities outside the US. The index screens for positive earnings and weights its securities inversely by volatility. CIL was launched on Aug 19, 2015 and is managed by VictoryShares.