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 significant increase in short interest in February. As of February 15th, there was short interest totalling 17,300 shares, an increase 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 currently 1.8 days.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Performance

CDL traded down $1.63 during midday trading on Tuesday, hitting $67.28. The stock had a trading volume of 29,071 shares, compared to its average volume of 11,969. The company has a market cap of $349.86 million, a P/E ratio of 17.69 and a beta of 0.89. The business has a fifty day moving average of $66.86 and a 200 day moving average of $67.23. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 1 year low of $58.64 and a 1 year high of $70.76.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

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

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

Hedge funds and other institutional investors have recently bought and sold shares of the company. IHT Wealth Management LLC boosted its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF by 7.8% in the third quarter. IHT Wealth Management LLC now owns 3,634 shares of the company’s stock worth $247,000 after buying an additional 264 shares in the last quarter. Vicus Capital bought a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF in the fourth quarter valued at approximately $248,000. Golden State Wealth Management LLC bought a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF in the fourth quarter valued at approximately $268,000. Keystone Financial Group bought a new stake in VictoryShares US Large Cap High Div Volatility Wtd ETF in the fourth quarter valued at approximately $532,000. Finally, Integrated Wealth Concepts LLC lifted its position in VictoryShares US Large Cap High Div Volatility Wtd ETF by 3.6% in the fourth quarter. Integrated Wealth Concepts LLC now owns 10,089 shares of the company’s stock valued at $659,000 after purchasing an additional 349 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.