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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a large increase in short interest in October. As of October 15th, there was short interest totalling 400 shares, an increase of 33.3% from the September 30th total of 300 shares. Based on an average daily volume of 9,900 shares, the days-to-cover ratio is presently 0.0 days.

Victoryshares Dividend Accelerator ETF Trading Up 0.7 %

NASDAQ:VSDA traded up $0.37 on Monday, hitting $52.56. The company had a trading volume of 5,385 shares, compared to its average volume of 14,704. The firm has a 50 day moving average of $52.45 and a two-hundred day moving average of $50.25. The stock has a market capitalization of $262.80 million, a price-to-earnings ratio of 21.70 and a beta of 0.86. Victoryshares Dividend Accelerator ETF has a 52 week low of $41.42 and a 52 week high of $53.97.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were issued a dividend of $0.1383 per share. This represents a $1.66 annualized dividend and a dividend yield of 3.16%. The ex-dividend date of this dividend was Tuesday, October 8th.

Hedge Funds Weigh In On Victoryshares Dividend Accelerator ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Thoroughbred Financial Services LLC raised its holdings in Victoryshares Dividend Accelerator ETF by 6.8% in the 1st quarter. Thoroughbred Financial Services LLC now owns 7,238 shares of the company’s stock valued at $364,000 after buying an additional 461 shares during the last quarter. GPS Wealth Strategies Group LLC bought a new stake in Victoryshares Dividend Accelerator ETF during the 2nd quarter valued at $26,000. Integrated Advisors Network LLC grew its holdings in shares of Victoryshares Dividend Accelerator ETF by 28.2% during the third quarter. Integrated Advisors Network LLC now owns 5,472 shares of the company’s stock valued at $291,000 after buying an additional 1,203 shares during the last quarter. DDD Partners LLC increased its position in shares of Victoryshares Dividend Accelerator ETF by 3.2% during the second quarter. DDD Partners LLC now owns 87,924 shares of the company’s stock worth $4,248,000 after acquiring an additional 2,751 shares in the last quarter. Finally, Cornerstone Wealth Management LLC bought a new stake in shares of Victoryshares Dividend Accelerator ETF during the third quarter worth about $216,000.

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.