VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Short Interest Down 61.3% in March

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the target of a significant drop in short interest in the month of March. As of March 13th, there was short interest totaling 4,631 shares, a drop of 61.3% from the February 26th total of 11,978 shares. Based on an average daily volume of 11,581 shares, the short-interest ratio is currently 0.4 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of VictoryShares US Large Cap High Div Volatility Wtd ETF

Several large investors have recently made changes to their positions in the company. Rede Wealth LLC bought a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF in the 3rd quarter valued at about $235,000. Western Wealth Management LLC boosted its holdings in VictoryShares US Large Cap High Div Volatility Wtd ETF by 3.3% in the third quarter. Western Wealth Management LLC now owns 5,122 shares of the company’s stock worth $356,000 after acquiring an additional 166 shares in the last quarter. Vicus Capital grew its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 16.6% in the third quarter. Vicus Capital now owns 8,072 shares of the company’s stock valued at $562,000 after acquiring an additional 1,151 shares during the period. Integrated Wealth Concepts LLC grew its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 84.3% in the third quarter. Integrated Wealth Concepts LLC now owns 23,639 shares of the company’s stock valued at $1,645,000 after acquiring an additional 10,814 shares during the period. Finally, NewEdge Advisors LLC increased its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF by 8,430.2% during the third quarter. NewEdge Advisors LLC now owns 43,845 shares of the company’s stock valued at $3,051,000 after acquiring an additional 43,331 shares in the last quarter.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Down 0.5%

Shares of CDL stock opened at $73.55 on Friday. The firm has a 50 day moving average of $74.53 and a 200-day moving average of $70.95. The company has a market cap of $375.11 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 52 week low of $59.65 and a 52 week high of $77.18.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Stockholders of record on Tuesday, March 10th were given a dividend of $0.2563 per share. This is a boost from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.14. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a c) dividend on an annualized basis and a dividend yield of 4.2%.

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.