Short Interest in VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Rises By 309.7%

by · The Markets Daily

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL – Get Free Report) was the target of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 3,831 shares, a growth of 309.7% from the November 30th total of 935 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 10,962 shares, the short-interest ratio is presently 0.3 days. Based on an average daily trading volume, of 10,962 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares 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 traded down $0.27 during trading hours on Friday, hitting $68.98. The company’s stock had a trading volume of 8,785 shares, compared to its average volume of 9,725. The stock has a market cap of $358.70 million, a price-to-earnings ratio of 15.49 and a beta of 0.74. VictoryShares US Large Cap High Div Volatility Wtd ETF has a twelve month low of $59.65 and a twelve month high of $70.05. The firm has a fifty day moving average of $68.86 and a 200-day moving average of $68.33.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were given a dividend of $0.4556 per share. This represents a c) dividend on an annualized basis and a dividend yield of 7.9%. The ex-dividend date of this dividend was Thursday, December 11th. This is an increase from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.11.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC lifted its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 8,430.2% in the third 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 last quarter. Ameriprise Financial Inc. increased its holdings in shares of 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 acquiring an additional 18,394 shares during the period. Integrated Wealth Concepts LLC raised its position in VictoryShares US Large Cap High Div Volatility Wtd ETF by 84.3% in the 3rd quarter. Integrated Wealth Concepts LLC now owns 23,639 shares of the company’s stock valued at $1,645,000 after purchasing an additional 10,814 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 10.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 72,928 shares of the company’s stock worth $5,057,000 after purchasing an additional 6,977 shares during the period. Finally, Rede Wealth LLC acquired a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF during the 3rd quarter worth $235,000.

About VictoryShares US Large Cap High Div Volatility Wtd ETF

(Get Free Report)

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.

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