Short Interest in VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) Drops By 71.4%

VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) saw a large decline in short interest in April. As of April 15th, there was short interest totalling 2,800 shares, a decline of 71.4% from the March 31st total of 9,800 shares. Based on an average trading volume of 1,000 shares, the days-to-cover ratio is presently 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 raised its holdings in shares of VictoryShares International Volatility Wtd ETF (NASDAQ:CIL) by 0.6% in the third quarter, according to 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 comprises about 1.2% of TAP Consulting LLC’s portfolio, making the stock its 22nd biggest holding. TAP Consulting LLC owned approximately 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 Price Performance

NASDAQ CIL traded up $0.25 on Friday, hitting $41.97. The company had a trading volume of 78 shares, compared to its average volume of 2,296. VictoryShares International Volatility Wtd ETF has a 12-month low of $35.99 and a 12-month high of $43.45. The company has a market capitalization of $92.34 million, a PE ratio of 14.32 and a beta of 0.86. The company’s fifty day moving average price is $42.38 and its 200-day moving average price is $40.69.

VictoryShares International Volatility Wtd ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were issued a dividend of $0.1813 per share. This represents a $2.18 dividend on an annualized basis and a dividend 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.