Short Interest in VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Declines By 44.5%

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the target of a large decline in short interest in February. As of February 28th, there was short interest totalling 9,600 shares, a decline of 44.5% from the February 13th total of 17,300 shares. Based on an average trading volume of 10,500 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Mpwm Advisory Solutions LLC acquired a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF in the 4th quarter valued at about $3,065,000. Ameriprise Financial Inc. grew its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 11.5% in the fourth quarter. Ameriprise Financial Inc. now owns 148,240 shares of the company’s stock valued at $9,684,000 after purchasing an additional 15,234 shares during the last quarter. Integrated Wealth Concepts LLC increased its stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 3.6% during the 4th quarter. Integrated Wealth Concepts LLC now owns 10,089 shares of the company’s stock worth $659,000 after purchasing an additional 349 shares in the last quarter. Keystone Financial Group acquired a new position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the 4th quarter worth approximately $532,000. Finally, Jones Financial Companies Lllp lifted its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 104.5% in the 4th quarter. Jones Financial Companies Lllp now owns 31,568 shares of the company’s stock valued at $2,062,000 after buying an additional 16,134 shares in the last quarter.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

CDL opened at $65.78 on Friday. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 1-year low of $58.64 and a 1-year high of $70.76. The stock has a market cap of $342.06 million, a P/E ratio of 17.69 and a beta of 0.89. The stock’s 50 day simple moving average is $67.08 and its 200 day simple moving average is $67.29.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were issued a $0.2159 dividend. This is a positive change from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous dividend of $0.14. The ex-dividend date was Monday, March 10th.

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.