Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Sees Significant Decrease in Short Interest

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 8,500 shares, a decrease of 15.0% from the February 13th total of 10,000 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 29,200 shares, the short-interest ratio is presently 0.3 days.

Victoryshares Dividend Accelerator ETF Trading Up 0.3 %

NASDAQ VSDA opened at $51.45 on Thursday. Victoryshares Dividend Accelerator ETF has a 12-month low of $47.43 and a 12-month high of $55.25. The stock has a market cap of $244.39 million, a P/E ratio of 18.20 and a beta of 0.86. The company has a fifty day simple moving average of $51.77 and a two-hundred day simple moving average of $52.38.

Victoryshares Dividend Accelerator ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were given a dividend of $0.1081 per share. This is a boost from Victoryshares Dividend Accelerator ETF’s previous dividend of $0.03. The ex-dividend date was Monday, March 10th.

Institutional Trading of Victoryshares Dividend Accelerator ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Two Sigma Securities LLC purchased a new position in shares of Victoryshares Dividend Accelerator ETF in the fourth quarter valued at approximately $521,000. Cetera Investment Advisers grew its stake in shares of Victoryshares Dividend Accelerator ETF by 2.8% in the 4th quarter. Cetera Investment Advisers now owns 17,567 shares of the company’s stock valued at $893,000 after buying an additional 483 shares during the period. Keystone Financial Group purchased a new position in Victoryshares Dividend Accelerator ETF in the fourth quarter worth approximately $1,077,000. Jane Street Group LLC increased its position in shares of Victoryshares Dividend Accelerator ETF by 9.6% during the 4th quarter. Jane Street Group LLC now owns 26,632 shares of the company’s stock worth $1,354,000 after purchasing an additional 2,341 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Victoryshares Dividend Accelerator ETF in the 4th quarter valued at approximately $2,088,000.

Victoryshares Dividend Accelerator ETF Company Profile

The VictoryShares Dividend Accelerator ETF (VSDA) is an exchange-traded fund that is based on the Nasdaq Victory Dividend Accelerator index. The fund tracks an index of dividend-paying US large- and mid-cap stocks with a high likelihood of future dividend growth. VSDA was launched on Apr 18, 2017 and is managed by VictoryShares.