VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Short Interest Up 185.3% in May

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 2,399 shares, an increase of 185.3% from the May 14th total of 841 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 7,594 shares, the days-to-cover ratio is presently 0.3 days.

VictoryShares US Large Cap High Div Volatility Wtd ETF Price Performance

Shares of CDL stock traded up $0.76 during trading on Friday, hitting $77.63. 6,426 shares of the stock traded hands, compared to its average volume of 9,884. The firm has a market capitalization of $392.03 million, a P/E ratio of 15.49 and a beta of 0.62. The firm’s fifty day moving average price is $75.62 and its 200-day moving average price is $73.49. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 52-week low of $65.34 and a 52-week high of $77.74.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.2949 per share. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend was Tuesday, June 9th. This is a boost from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.22.

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

Several institutional investors have recently made changes to their positions in CDL. NewEdge Advisors LLC raised its position 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 valued at $3,051,000 after buying an additional 43,331 shares during the period. Ameriprise Financial Inc. increased its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF by 17.6% in the 2nd 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 last quarter. Fifth Third Wealth Advisors LLC acquired a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF in the 1st quarter valued at approximately $1,232,000. Integrated Wealth Concepts LLC increased its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF by 46.8% in the 4th quarter. Integrated Wealth Concepts LLC now owns 34,695 shares of the company’s stock valued at $2,389,000 after purchasing an additional 11,056 shares during the last quarter. Finally, Vicus Capital increased its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF by 4.7% in the 4th quarter. Vicus Capital now owns 8,448 shares of the company’s stock valued at $582,000 after purchasing an additional 376 shares during the last quarter.

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.