VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) Short Interest Up 4,336.4% in September

VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 48,800 shares, a growth of 4,336.4% from the August 31st total of 1,100 shares. Based on an average daily volume of 54,800 shares, the days-to-cover ratio is presently 0.9 days.

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Performance

Shares of NASDAQ:CDL opened at $67.32 on Wednesday. The firm has a market cap of $370.26 million, a price-to-earnings ratio of 14.76 and a beta of 0.89. The firm has a fifty day moving average price of $65.15 and a 200 day moving average price of $62.58. VictoryShares US Large Cap High Div Volatility Wtd ETF has a fifty-two week low of $51.66 and a fifty-two week high of $67.69.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 12th. Shareholders of record on Wednesday, September 11th were issued a dividend of $0.2557 per share. This represents a $3.07 annualized dividend and a yield of 4.56%. The ex-dividend date of this dividend was Wednesday, September 11th. This is a boost from VictoryShares US Large Cap High Div Volatility Wtd ETF’s previous monthly dividend of $0.14.

Institutional Investors 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. Eagle Bay Advisors LLC lifted its position in VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL) by 10.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 4,623 shares of the company’s stock after acquiring an additional 451 shares during the quarter. Eagle Bay Advisors LLC owned 0.08% of VictoryShares US Large Cap High Div Volatility Wtd ETF worth $287,000 at the end of the most recent reporting period.

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.