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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the recipient of a large increase in short interest in 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 days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Victoryshares Dividend Accelerator ETF

Several hedge funds have recently made changes to their positions in the business. Two Sigma Securities LLC bought a new stake in Victoryshares Dividend Accelerator ETF during the fourth quarter worth approximately $521,000. Cetera Investment Advisers grew its holdings 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 worth $893,000 after acquiring an additional 483 shares during the last quarter. Keystone Financial Group acquired a new stake in shares of Victoryshares Dividend Accelerator ETF during the fourth quarter worth $1,077,000. Jane Street Group LLC lifted its holdings in shares of Victoryshares Dividend Accelerator ETF by 9.6% during the fourth 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 last quarter. Finally, Raymond James Financial Inc. acquired a new position in shares of Victoryshares Dividend Accelerator ETF in the 4th quarter valued at $2,088,000.

Victoryshares Dividend Accelerator ETF Stock Performance

Shares of VSDA stock opened at $52.54 on Tuesday. Victoryshares Dividend Accelerator ETF has a 1 year low of $47.43 and a 1 year high of $55.25. The business’s fifty day moving average is $51.63 and its 200-day moving average is $52.39. The stock has a market cap of $249.57 million, a PE ratio of 18.65 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Cuts Dividend

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

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.