Short Interest in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Declines By 98.2%

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a large decline in short interest in November. As of November 30th, there was short interest totalling 500 shares, a decline of 98.2% from the November 15th total of 27,700 shares. Based on an average trading volume of 15,900 shares, the days-to-cover ratio is presently 0.0 days.

Victoryshares Dividend Accelerator ETF Price Performance

Shares of NASDAQ VSDA traded down $0.09 during trading on Wednesday, hitting $53.66. The stock had a trading volume of 4,987 shares, compared to its average volume of 15,597. The company has a market capitalization of $265.62 million, a PE ratio of 21.70 and a beta of 0.86. The firm has a fifty day moving average of $53.39 and a two-hundred day moving average of $51.35. Victoryshares Dividend Accelerator ETF has a 12 month low of $46.17 and a 12 month high of $55.25.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were given a $0.0307 dividend. The ex-dividend date was Thursday, November 7th. This represents a $0.37 dividend on an annualized basis and a dividend yield of 0.69%.

Hedge Funds Weigh In On Victoryshares Dividend Accelerator ETF

A number of large investors have recently modified their holdings of the company. GPS Wealth Strategies Group LLC bought a new stake in shares of Victoryshares Dividend Accelerator ETF during the 2nd quarter valued at $26,000. Integrated Advisors Network LLC increased 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 valued at $291,000 after purchasing an additional 1,203 shares during the last quarter. Gladstone Institutional Advisory LLC grew its stake in shares of Victoryshares Dividend Accelerator ETF by 1.5% during the 3rd quarter. Gladstone Institutional Advisory LLC now owns 84,719 shares of the company’s stock valued at $4,501,000 after acquiring an additional 1,272 shares during the period. DDD Partners LLC boosted its stake in Victoryshares Dividend Accelerator ETF by 3.2% in the 2nd quarter. DDD Partners LLC now owns 87,924 shares of the company’s stock worth $4,248,000 after purchasing an additional 2,751 shares during the period. Finally, Cornerstone Wealth Management LLC bought a new position in Victoryshares Dividend Accelerator ETF in the 3rd quarter worth approximately $216,000.

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.