VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Sees Large Decline in Short Interest

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the target of a significant drop in short interest in November. As of November 15th, there was short interest totalling 1,300 shares, a drop of 66.7% from the October 31st total of 3,900 shares. Based on an average daily trading volume, of 11,400 shares, the days-to-cover ratio is presently 0.1 days.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Performance

Shares of VictoryShares US Large Cap High Div Volatility Wtd ETF stock traded up $0.04 during midday trading on Thursday, hitting $70.40. 7,301 shares of the company traded hands, compared to its average volume of 13,690. The firm’s fifty day moving average price is $68.05 and its 200-day moving average price is $64.92. The stock has a market cap of $366.08 million, a price-to-earnings ratio of 14.76 and a beta of 0.89. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 12 month low of $55.30 and a 12 month high of $70.75.

VictoryShares US Large Cap High Div Volatility Wtd ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a dividend of $0.1249 per share. The ex-dividend date of this dividend was Thursday, November 7th. This represents a $1.50 annualized dividend and a dividend yield of 2.13%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in VictoryShares US Large Cap High Div Volatility Wtd ETF stock. IHT Wealth Management LLC increased its holdings in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) by 7.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,634 shares of the company’s stock after buying an additional 264 shares during the period. IHT Wealth Management LLC owned about 0.07% of VictoryShares US Large Cap High Div Volatility Wtd ETF worth $247,000 at the end of the most recent quarter.

VictoryShares US Large Cap High Div Volatility Wtd ETF Company Profile

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.