VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Sees Large Increase in Short Interest

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the target of a significant growth in short interest in February. As of February 13th, there was short interest totaling 4,302 shares, a growth of 1,738.5% from the January 29th total of 234 shares. Based on an average daily trading volume, of 22,200 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 22,200 shares, the days-to-cover ratio is presently 0.2 days.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Down 0.2%

NASDAQ:CDL traded down $0.18 during trading hours on Wednesday, hitting $76.47. 5,066 shares of the company traded hands, compared to its average volume of 13,326. The company has a market cap of $390.00 million, a PE ratio of 15.49 and a beta of 0.74. The firm’s 50-day simple moving average is $72.30 and its 200-day simple moving average is $70.06. VictoryShares US Large Cap High Div Volatility Wtd ETF has a one year low of $59.65 and a one year high of $77.00.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, February 10th. Investors of record on Monday, February 9th were given a dividend of $0.1424 per share. The ex-dividend date of this dividend was Monday, February 9th. This is an increase from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.04. This represents a c) dividend on an annualized basis and a dividend yield of 2.2%.

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

A number of institutional investors have recently added to or reduced their stakes in the company. Rede Wealth LLC purchased a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF in the 3rd quarter valued at about $235,000. Western Wealth Management LLC boosted its stake 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 worth $356,000 after buying an additional 166 shares during the last quarter. Vicus Capital boosted its stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 16.6% in the 3rd quarter. Vicus Capital now owns 8,072 shares of the company’s stock worth $562,000 after buying an additional 1,151 shares during the last quarter. Integrated Wealth Concepts LLC grew its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 84.3% during the 3rd 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 period. Finally, NewEdge Advisors LLC boosted its position in VictoryShares US Large Cap High Div Volatility Wtd ETF by 8,430.2% during the third 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.

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.