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

Posted by Defense World Staff on Sep 25th, 2024

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

VictoryShares US Large Cap High Div Volatility Wtd ETF Stock Performance

NASDAQ CDL opened at $67.32 on Wednesday. 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. The firm’s fifty day moving average price is $65.15 and its two-hundred day moving average price is $62.58. The stock has a market cap of $370.26 million, a PE ratio of 14.76 and a beta of 0.89.

VictoryShares US Large Cap High Div Volatility Wtd ETF Increases Dividend

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

Institutional Trading of 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 stake in shares of VictoryShares US Large Cap High Div Volatility Wtd ETF (NASDAQ:CDL – Free Report) by 10.8% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,623 shares of the company’s stock after purchasing an additional 451 shares during the quarter. Eagle Bay Advisors LLC owned about 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

(Get Free Report)

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.