Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Sees Large Growth in Short Interest

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 10,000 shares, an increase of 38.9% from the January 31st total of 7,200 shares. Based on an average daily volume of 30,100 shares, the short-interest ratio is currently 0.3 days.

Victoryshares Dividend Accelerator ETF Price Performance

NASDAQ:VSDA opened at $52.54 on Tuesday. The firm has a market capitalization of $249.57 million, a P/E ratio of 18.65 and a beta of 0.86. The business has a 50 day simple moving average of $51.63 and a 200 day simple moving average of $52.39. Victoryshares Dividend Accelerator ETF has a 12-month low of $47.43 and a 12-month high of $55.25.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were given a dividend of $0.032 per share. The ex-dividend date of this dividend was Friday, February 7th.

Institutional Trading of Victoryshares Dividend Accelerator ETF

Large investors have recently modified their holdings of the company. Cetera Investment Advisers grew its position in Victoryshares Dividend Accelerator ETF by 2.8% in the 4th quarter. Cetera Investment Advisers now owns 17,567 shares of the company’s stock worth $893,000 after purchasing an additional 483 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its position in shares of Victoryshares Dividend Accelerator ETF by 1.5% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 85,959 shares of the company’s stock worth $4,369,000 after buying an additional 1,240 shares during the period. Jane Street Group LLC grew its holdings in Victoryshares Dividend Accelerator ETF by 9.6% in the 4th quarter. Jane Street Group LLC now owns 26,632 shares of the company’s stock worth $1,354,000 after buying an additional 2,341 shares in the last quarter. LPL Financial LLC increased its position in Victoryshares Dividend Accelerator ETF by 2.5% in the 4th quarter. LPL Financial LLC now owns 271,359 shares of the company’s stock valued at $13,793,000 after acquiring an additional 6,665 shares during the period. Finally, Two Sigma Securities LLC bought a new stake in Victoryshares Dividend Accelerator ETF during the 4th quarter valued at $521,000.

About Victoryshares Dividend Accelerator ETF

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.