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

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the target of a large drop in short interest during the month of May. As of May 15th, there was short interest totaling 841 shares, a drop of 57.1% from the April 30th total of 1,960 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 8,237 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On VictoryShares US Large Cap High Div Volatility Wtd ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. grew its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 17.6% in the second quarter. Ameriprise Financial Inc. now owns 123,196 shares of the company’s stock valued at $8,204,000 after purchasing an additional 18,394 shares during the period. Jones Financial Companies Lllp boosted its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF by 10.6% in the 3rd quarter. Jones Financial Companies Lllp now owns 72,928 shares of the company’s stock worth $5,057,000 after buying an additional 6,977 shares during the last quarter. NewEdge Advisors LLC increased its stake in 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 in the last quarter. Integrated Wealth Concepts LLC raised its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 46.8% during the fourth quarter. Integrated Wealth Concepts LLC now owns 34,695 shares of the company’s stock valued at $2,389,000 after acquiring an additional 11,056 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC acquired a new position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the first quarter valued at approximately $1,232,000.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

NASDAQ CDL traded down $0.25 during trading hours on Friday, reaching $75.92. The company’s stock had a trading volume of 4,095 shares, compared to its average volume of 10,190. The firm has a market capitalization of $383.40 million, a price-to-earnings ratio of 15.49 and a beta of 0.64. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 1-year low of $65.01 and a 1-year high of $77.18. The company’s 50-day moving average is $75.11 and its two-hundred day moving average is $72.95.

VictoryShares US Large Cap High Div Volatility Wtd ETF Announces Dividend

The business also recently declared a dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were issued a $0.1125 dividend. The ex-dividend date of this dividend was Friday, May 8th.

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.