Short Interest in VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Decreases By 61.3%

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) saw a large decrease in short interest in the month of March. As of March 13th, there was short interest totaling 4,631 shares, a decrease of 61.3% from the February 26th total of 11,978 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 11,581 shares, the days-to-cover ratio is presently 0.4 days.

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

A number of large investors have recently added to or reduced their stakes in CDL. Jones Financial Companies Lllp increased its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 10.6% in the third quarter. Jones Financial Companies Lllp now owns 72,928 shares of the company’s stock valued at $5,057,000 after purchasing an additional 6,977 shares during the last quarter. Vicus Capital raised its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 16.6% in the third quarter. Vicus Capital now owns 8,072 shares of the company’s stock valued at $562,000 after purchasing an additional 1,151 shares during the period. Rede Wealth LLC acquired a new stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the 3rd quarter worth about $235,000. Integrated Wealth Concepts LLC lifted its stake 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 worth $1,645,000 after buying an additional 10,814 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 8,430.2% during the 3rd 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 Price Performance

NASDAQ CDL traded down $0.11 during trading on Friday, reaching $73.78. 25,606 shares of the company’s stock were exchanged, compared to its average volume of 12,091. The business has a 50 day moving average price of $74.49 and a 200-day moving average price of $70.92. The stock has a market capitalization of $376.28 million, a P/E ratio of 15.49 and a beta of 0.74. VictoryShares US Large Cap High Div Volatility Wtd ETF has a fifty-two week low of $59.65 and a fifty-two week high of $77.18.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were paid a dividend of $0.2563 per share. The ex-dividend date was Tuesday, March 10th. This represents a c) annualized dividend and a dividend yield of 4.2%. This is an increase from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.14.

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.