Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Update

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

Institutional Investors Weigh In On Victoryshares Dividend Accelerator ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Two Sigma Securities LLC bought a new position in Victoryshares Dividend Accelerator ETF in the fourth quarter worth about $521,000. Cetera Investment Advisers grew its holdings in shares of Victoryshares Dividend Accelerator ETF by 2.8% during the 4th quarter. Cetera Investment Advisers now owns 17,567 shares of the company’s stock worth $893,000 after acquiring an additional 483 shares during the period. Keystone Financial Group bought a new position in shares of Victoryshares Dividend Accelerator ETF in the 4th quarter worth approximately $1,077,000. Jane Street Group LLC lifted its stake in shares of 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 valued at $1,354,000 after purchasing an additional 2,341 shares during the period. Finally, Raymond James Financial Inc. bought a new stake in shares of Victoryshares Dividend Accelerator ETF during the fourth quarter valued at approximately $2,088,000.

Victoryshares Dividend Accelerator ETF Stock Down 0.4 %

Shares of Victoryshares Dividend Accelerator ETF stock opened at $51.24 on Friday. The business has a 50 day moving average of $51.78 and a 200 day moving average of $52.37. Victoryshares Dividend Accelerator ETF has a 52 week low of $47.43 and a 52 week high of $55.25. The company has a market cap of $243.39 million, a PE ratio of 18.20 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were issued a $0.1081 dividend. The ex-dividend date was Monday, March 10th. This is a positive change from Victoryshares Dividend Accelerator ETF’s previous dividend of $0.03.

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.