VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) Sees Significant Drop in Short Interest

VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totalling 100 shares, a decrease of 97.6% from the May 31st total of 4,200 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On VictoryShares International Volatility Wtd ETF

A hedge fund recently raised its stake in VictoryShares International Volatility Wtd ETF stock. TAP Consulting LLC raised its stake in VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) by 34.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 158,045 shares of the company’s stock after purchasing an additional 40,339 shares during the period. VictoryShares International Volatility Wtd ETF accounts for approximately 1.6% of TAP Consulting LLC’s investment portfolio, making the stock its 14th biggest position. TAP Consulting LLC owned approximately 7.18% of VictoryShares International Volatility Wtd ETF worth $6,589,000 as of its most recent SEC filing.

VictoryShares International Volatility Wtd ETF Stock Performance

NASDAQ CIL traded up $0.06 during trading on Thursday, hitting $42.01. The stock had a trading volume of 5,180 shares, compared to its average volume of 2,266. VictoryShares International Volatility Wtd ETF has a 12 month low of $35.99 and a 12 month high of $43.76. The company’s 50-day moving average price is $42.63 and its two-hundred day moving average price is $42.06. The company has a market capitalization of $92.42 million, a PE ratio of 14.79 and a beta of 0.86.

VictoryShares International Volatility Wtd ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 13th. Stockholders of record on Wednesday, June 12th were paid a dividend of $0.2607 per share. The ex-dividend date was Wednesday, June 12th. This represents a $3.13 dividend on an annualized basis and a dividend yield of 7.45%.

VictoryShares International Volatility Wtd ETF Company Profile

The VictoryShares International Volatility Wtd ETF (CIL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of developed-market equities outside the US. The index screens for positive earnings and weights its securities inversely by volatility. CIL was launched on Aug 19, 2015 and is managed by VictoryShares.