Short Interest in VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Rises By 116.7%

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 3,900 shares, an increase of 116.7% from the October 15th total of 1,800 shares. Based on an average daily volume of 11,200 shares, the days-to-cover ratio is presently 0.3 days.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Performance

CDL stock traded up $0.09 on Friday, reaching $68.30. The company’s stock had a trading volume of 2,722 shares, compared to its average volume of 13,856. The firm has a market cap of $355.14 million, a PE ratio of 14.76 and a beta of 0.89. The business has a fifty day simple moving average of $67.47 and a two-hundred day simple moving average of $64.38. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 12-month low of $54.63 and a 12-month high of $69.24.

VictoryShares US Large Cap High Div Volatility Wtd ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, November 7th were paid a dividend of $0.1249 per share. The ex-dividend date was Thursday, November 7th. This represents a $1.50 dividend on an annualized basis and a yield of 2.19%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VictoryShares US Large Cap High Div Volatility Wtd ETF stock. IHT Wealth Management LLC lifted its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) by 7.8% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 3,634 shares of the company’s stock after purchasing an additional 264 shares during the period. IHT Wealth Management LLC owned about 0.07% of VictoryShares US Large Cap High Div Volatility Wtd ETF worth $247,000 at the end of the most recent reporting period.

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.