Short Interest in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Drops By 95.5%

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 100 shares, a decrease of 95.5% from the March 31st total of 2,200 shares. Based on an average daily trading volume, of 23,900 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Victoryshares Dividend Accelerator ETF

Several institutional investors and hedge funds have recently bought and sold shares of VSDA. Great Valley Advisor Group Inc. raised its position in Victoryshares Dividend Accelerator ETF by 15.4% in the 4th quarter. Great Valley Advisor Group Inc. now owns 291,750 shares of the company’s stock valued at $13,881,000 after purchasing an additional 38,951 shares during the last quarter. LPL Financial LLC raised its position in Victoryshares Dividend Accelerator ETF by 8.9% in the 3rd quarter. LPL Financial LLC now owns 312,999 shares of the company’s stock valued at $13,587,000 after purchasing an additional 25,526 shares during the last quarter. Pinnacle Financial Partners Inc raised its position in Victoryshares Dividend Accelerator ETF by 6.5% in the 4th quarter. Pinnacle Financial Partners Inc now owns 354,728 shares of the company’s stock valued at $16,878,000 after purchasing an additional 21,788 shares during the last quarter. DDD Partners LLC raised its position in Victoryshares Dividend Accelerator ETF by 35.8% in the 4th quarter. DDD Partners LLC now owns 77,841 shares of the company’s stock valued at $3,704,000 after purchasing an additional 20,511 shares during the last quarter. Finally, KLR Investment Advisors LLC purchased a new stake in Victoryshares Dividend Accelerator ETF in the 1st quarter valued at $754,000.

Victoryshares Dividend Accelerator ETF Trading Down 0.0 %

Shares of Victoryshares Dividend Accelerator ETF stock opened at $48.55 on Friday. The company has a fifty day simple moving average of $48.92 and a 200-day simple moving average of $46.73. Victoryshares Dividend Accelerator ETF has a 12-month low of $41.26 and a 12-month high of $50.36. The stock has a market cap of $240.30 million, a price-to-earnings ratio of 21.62 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Monday, April 15th. Investors of record on Friday, April 12th were given a $0.0705 dividend. The ex-dividend date was Thursday, April 11th. This represents a $0.85 annualized dividend and a yield of 1.74%.

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.