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

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) saw a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 2,851 shares, a growth of 367.4% from the June 30th total of 610 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 9,148 shares, the short-interest ratio is presently 0.3 days.

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

A number of institutional investors have recently made changes to their positions in the stock. 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 valued at $3,051,000 after acquiring an additional 43,331 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF by 17.6% during the second quarter. Ameriprise Financial Inc. now owns 123,196 shares of the company’s stock worth $8,204,000 after purchasing an additional 18,394 shares in the last quarter. Fifth Third Wealth Advisors LLC bought a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF during the first quarter worth approximately $1,232,000. Integrated Wealth Concepts LLC lifted its position in VictoryShares US Large Cap High Div Volatility Wtd ETF by 46.8% in the fourth quarter. Integrated Wealth Concepts LLC now owns 34,695 shares of the company’s stock worth $2,389,000 after purchasing an additional 11,056 shares during the period. Finally, Vicus Capital lifted its position in 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 purchasing an additional 376 shares during the period.

VictoryShares US Large Cap High Div Volatility Wtd ETF Trading Up 1.2%

CDL stock traded up $0.94 during trading on Friday, hitting $79.98. The company had a trading volume of 3,496 shares, compared to its average volume of 9,252. The firm has a market capitalization of $403.90 million, a price-to-earnings ratio of 15.49 and a beta of 0.62. The business has a 50 day moving average of $77.49 and a 200 day moving average of $75.41. VictoryShares US Large Cap High Div Volatility Wtd ETF has a fifty-two week low of $66.86 and a fifty-two week high of $80.86.

VictoryShares US Large Cap High Div Volatility Wtd ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were paid a dividend of $0.2104 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) annualized dividend and a yield of 3.2%.

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.