Short Interest in VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) Drops By 97.6%

VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) saw a large decrease in short interest during the month of June. As of June 15th, there was short interest totalling 100 shares, a decrease of 97.6% from the May 31st total of 4,200 shares. Based on an average daily trading volume, of 900 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On VictoryShares International Volatility Wtd ETF

A hedge fund recently raised its stake in VictoryShares International Volatility Wtd ETF stock. TAP Consulting LLC boosted its position in shares of VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) by 34.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 158,045 shares of the company’s stock after buying an additional 40,339 shares during the quarter. VictoryShares International Volatility Wtd ETF accounts for approximately 1.6% of TAP Consulting LLC’s investment portfolio, making the stock its 14th largest position. TAP Consulting LLC owned approximately 7.18% of VictoryShares International Volatility Wtd ETF worth $6,589,000 at the end of the most recent quarter.

VictoryShares International Volatility Wtd ETF Stock Performance

Shares of CIL stock traded up $0.06 during trading hours on Thursday, hitting $42.01. 5,180 shares of the company were exchanged, compared to its average volume of 2,266. The stock has a market capitalization of $92.42 million, a price-to-earnings ratio of 14.79 and a beta of 0.86. VictoryShares International Volatility Wtd ETF has a one year low of $35.99 and a one year high of $43.76. The business’s 50-day simple moving average is $42.63 and its two-hundred day simple moving average is $42.06.

VictoryShares International Volatility Wtd ETF Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, June 13th. Investors of record on Wednesday, June 12th were issued a $0.2607 dividend. This represents a $3.13 annualized dividend and a dividend yield of 7.45%. The ex-dividend date of this dividend was Wednesday, June 12th.

About VictoryShares International Volatility Wtd ETF

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.