VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) Sees Large Decline in Short Interest

VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 2,800 shares, a drop of 71.4% from the March 31st total of 9,800 shares. Based on an average daily volume of 1,000 shares, the days-to-cover ratio is currently 2.8 days.

Institutional Investors Weigh In On VictoryShares International Volatility Wtd ETF

An institutional investor recently raised its position in VictoryShares International Volatility Wtd ETF stock. TAP Consulting LLC grew its position in VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) by 0.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 117,706 shares of the company’s stock after buying an additional 713 shares during the quarter. VictoryShares International Volatility Wtd ETF accounts for approximately 1.2% of TAP Consulting LLC’s holdings, making the stock its 22nd biggest holding. TAP Consulting LLC owned 5.35% of VictoryShares International Volatility Wtd ETF worth $4,485,000 at the end of the most recent quarter.

VictoryShares International Volatility Wtd ETF Stock Up 0.6 %

Shares of NASDAQ CIL traded up $0.25 during mid-day trading on Friday, hitting $41.97. 78 shares of the company were exchanged, compared to its average volume of 2,296. The stock has a 50 day simple moving average of $42.38 and a 200-day simple moving average of $40.69. VictoryShares International Volatility Wtd ETF has a 1-year low of $35.99 and a 1-year high of $43.45. The firm has a market cap of $92.34 million, a price-to-earnings ratio of 14.32 and a beta of 0.86.

VictoryShares International Volatility Wtd ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were issued a $0.1813 dividend. This represents a $2.18 dividend on an annualized basis and a yield of 5.18%. The ex-dividend date of this dividend was Thursday, April 11th.

VictoryShares International Volatility Wtd ETF Company Profile

The VictoryShares International Volatility Wtd ETF (CIL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of developed-market equities outside the US. The index screens for positive earnings and weights its securities inversely by volatility. CIL was launched on Aug 19, 2015 and is managed by VictoryShares.