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

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the recipient of a large decline in short interest in the month of 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 daily trading volume, of 10,500 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.2% of the shares of the company are short sold.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Performance

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

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

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

Institutional Investors Weigh In On VictoryShares US Large Cap High Div Volatility Wtd ETF

A number of hedge funds have recently added to or reduced their stakes in the stock. Mpwm Advisory Solutions LLC bought a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF during the 4th quarter worth about $3,065,000. Ameriprise Financial Inc. grew its stake in 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 acquiring an additional 15,234 shares during the period. Integrated Wealth Concepts LLC raised 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 acquiring an additional 349 shares during the period. Keystone Financial Group bought a new position in VictoryShares US Large Cap High Div Volatility Wtd ETF during the 4th quarter worth about $532,000. Finally, Jones Financial Companies Lllp raised its position 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 during 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.