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 the month of September. As of September 15th, there was short interest totaling 9,800 shares, a growth of 263.0% from the August 31st total of 2,700 shares. Based on an average daily volume of 7,300 shares, the short-interest ratio is currently 1.3 days. Based on an average daily volume of 7,300 shares, the short-interest ratio is currently 1.3 days.

Institutional Trading of VictoryShares US Large Cap High Div Volatility Wtd ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. NBC Securities Inc. purchased a new position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the 1st quarter valued at $44,000. Western Wealth Management LLC lifted its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 4.6% in the first quarter. Western Wealth Management LLC now owns 4,916 shares of the company’s stock valued at $337,000 after acquiring an additional 216 shares in the last quarter. Vicus Capital boosted its stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 45.9% in the first quarter. Vicus Capital now owns 5,549 shares of the company’s stock worth $380,000 after acquiring an additional 1,746 shares during the period. Golden State Wealth Management LLC grew its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 94.2% during the first quarter. Golden State Wealth Management LLC now owns 7,956 shares of the company’s stock worth $545,000 after purchasing an additional 3,860 shares in the last quarter. Finally, Summit Financial LLC purchased a new stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the first quarter worth about $7,489,000.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Up 0.7%

CDL stock opened at $69.86 on Friday. VictoryShares US Large Cap High Div Volatility Wtd ETF has a twelve month low of $59.65 and a twelve month high of $70.75. The stock has a market cap of $363.28 million, a P/E ratio of 15.49 and a beta of 0.89. The business’s 50-day moving average price is $68.62 and its 200-day moving average price is $66.81.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, September 9th. Shareholders of record on Monday, September 8th were given a $0.2595 dividend. The ex-dividend date was Monday, September 8th. This is an increase from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.11. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%.

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.