Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Up 148.9% in January

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

Victoryshares Dividend Accelerator ETF Price Performance

Victoryshares Dividend Accelerator ETF stock traded up $0.33 during midday trading on Thursday, reaching $52.62. The company had a trading volume of 28,408 shares, compared to its average volume of 52,904. Victoryshares Dividend Accelerator ETF has a 12-month low of $46.94 and a 12-month high of $55.25. The firm’s fifty day simple moving average is $52.31 and its 200-day simple moving average is $52.07. The company has a market capitalization of $257.86 million, a P/E ratio of 21.70 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 9th. Shareholders 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

Large investors have recently modified their holdings of the business. Cornerstone Wealth Management LLC acquired a new position in Victoryshares Dividend Accelerator ETF during the third quarter worth about $216,000. Integrated Advisors Network LLC increased its holdings in shares of Victoryshares Dividend Accelerator ETF by 28.2% in the third quarter. Integrated Advisors Network LLC now owns 5,472 shares of the company’s stock valued at $291,000 after purchasing an additional 1,203 shares during the last quarter. Gladstone Institutional Advisory LLC lifted its position in 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Victoryshares Dividend Accelerator ETF by 98.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 118,768 shares of the company’s stock worth $5,738,000 after buying an additional 58,798 shares during the last quarter. Finally, Investors Research Corp increased its stake in shares of Victoryshares Dividend Accelerator ETF by 8.0% in the 3rd 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 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.