VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Short Interest Up 55.9% in February

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the target of a large growth in short interest in February. As of February 15th, there was short interest totalling 17,300 shares, a growth of 55.9% from the January 31st total of 11,100 shares. Based on an average daily trading volume, of 9,400 shares, the days-to-cover ratio is presently 1.8 days.

VictoryShares US Large Cap High Div Volatility Wtd ETF Trading Down 2.4 %

Shares of NASDAQ CDL traded down $1.63 during midday trading on Tuesday, hitting $67.28. 29,071 shares of the company’s stock were exchanged, compared to its average volume of 11,969. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 12-month low of $58.64 and a 12-month high of $70.76. The company has a market cap of $349.86 million, a price-to-earnings ratio of 17.69 and a beta of 0.89. The business’s fifty day moving average price is $66.86 and its two-hundred day moving average price is $67.23.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were issued a dividend of $0.1379 per share. This is a positive change from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous dividend of $0.01. The ex-dividend date was Friday, February 7th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Mpwm Advisory Solutions LLC purchased a new position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the fourth quarter worth about $3,065,000. Ameriprise Financial Inc. grew its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 11.5% during the fourth quarter. Ameriprise Financial Inc. now owns 148,240 shares of the company’s stock worth $9,684,000 after purchasing an additional 15,234 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 3.6% during the fourth 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 purchased a new position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF during the fourth quarter worth about $532,000. Finally, Jones Financial Companies Lllp grew its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 104.5% during the fourth quarter. Jones Financial Companies Lllp now owns 31,568 shares of the company’s stock worth $2,062,000 after purchasing an additional 16,134 shares in the last quarter.

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.