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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a significant increase in short interest in December. As of December 31st, there was short interest totalling 11,200 shares, an increase of 148.9% from the December 15th total of 4,500 shares. Based on an average daily trading volume, of 20,900 shares, the days-to-cover ratio is currently 0.5 days.

Victoryshares Dividend Accelerator ETF Stock Performance

Shares of Victoryshares Dividend Accelerator ETF stock opened at $50.96 on Thursday. Victoryshares Dividend Accelerator ETF has a one year low of $46.50 and a one year high of $55.25. The company has a market cap of $226.77 million, a PE ratio of 21.70 and a beta of 0.86. The business has a 50-day simple moving average of $52.59 and a 200-day simple moving average of $51.81.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were issued a $0.0576 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

Institutional Investors Weigh In On Victoryshares Dividend Accelerator ETF

Several large investors have recently modified their holdings of the company. Great Valley Advisor Group Inc. boosted its holdings in shares of Victoryshares Dividend Accelerator ETF by 7.7% in the third quarter. Great Valley Advisor Group Inc. now owns 363,836 shares of the company’s stock valued at $19,331,000 after acquiring an additional 26,101 shares during the period. Investors Research Corp grew its holdings in Victoryshares Dividend Accelerator ETF by 8.0% during the third quarter. Investors Research Corp now owns 217,225 shares of the company’s stock worth $11,541,000 after acquiring an additional 16,107 shares during the period. Pinnacle Financial Partners Inc grew its holdings in Victoryshares Dividend Accelerator ETF by 4.3% during the third quarter. Pinnacle Financial Partners Inc now owns 454,273 shares of the company’s stock worth $24,136,000 after acquiring an additional 18,645 shares during the period. Gladstone Institutional Advisory LLC raised its position in Victoryshares Dividend Accelerator ETF by 1.5% in the third quarter. Gladstone Institutional Advisory LLC now owns 84,719 shares of the company’s stock worth $4,501,000 after acquiring an additional 1,272 shares in the last quarter. Finally, Integrated Advisors Network LLC boosted its position in shares of Victoryshares Dividend Accelerator ETF by 28.2% during the 3rd quarter. Integrated Advisors Network LLC now owns 5,472 shares of the company’s stock worth $291,000 after purchasing an additional 1,203 shares in the last quarter.

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.