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

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

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Up 0.1 %

Shares of CDL stock traded up $0.04 during mid-day trading on Thursday, reaching $70.40. 7,301 shares of the stock traded hands, compared to its average volume of 13,690. The company has a market cap of $366.08 million, a price-to-earnings ratio of 14.76 and a beta of 0.89. The stock’s fifty day simple moving average is $68.05 and its two-hundred day simple moving average is $64.92. VictoryShares US Large Cap High Div Volatility Wtd ETF has a 1-year low of $55.30 and a 1-year high of $70.75.

VictoryShares US Large Cap High Div Volatility Wtd ETF Cuts Dividend

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

Hedge Funds Weigh In On VictoryShares US Large Cap High Div Volatility Wtd ETF

A hedge fund recently raised its stake in VictoryShares US Large Cap High Div Volatility Wtd ETF stock. IHT Wealth Management LLC raised its position in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) by 7.8% in the third quarter, according to its most recent filing with the SEC. The firm owned 3,634 shares of the company’s stock after purchasing an additional 264 shares during the quarter. IHT Wealth Management LLC owned approximately 0.07% of VictoryShares US Large Cap High Div Volatility Wtd ETF worth $247,000 at the end of the most recent 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.