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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a significant decline in short interest in October. As of October 31st, there was short interest totalling 100 shares, a decline of 75.0% from the October 15th total of 400 shares. Based on an average daily volume of 13,600 shares, the days-to-cover ratio is currently 0.0 days.

Victoryshares Dividend Accelerator ETF Trading Down 0.4 %

Shares of VSDA opened at $53.52 on Wednesday. The stock has a market capitalization of $264.92 million, a price-to-earnings ratio of 21.70 and a beta of 0.86. Victoryshares Dividend Accelerator ETF has a 12 month low of $43.00 and a 12 month high of $53.99. The firm has a fifty day simple moving average of $52.65 and a 200 day simple moving average of $50.61.

Victoryshares Dividend Accelerator ETF Cuts Dividend

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

Institutional Trading of Victoryshares Dividend Accelerator ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. GPS Wealth Strategies Group LLC acquired a new position in shares of Victoryshares Dividend Accelerator ETF during the 2nd quarter worth approximately $26,000. Cornerstone Wealth Management LLC bought a new stake in Victoryshares Dividend Accelerator ETF during the third quarter worth $216,000. Integrated Advisors Network LLC lifted its stake in 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 acquiring an additional 1,203 shares during the last quarter. Thoroughbred Financial Services LLC grew its position in shares of 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 acquiring an additional 461 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its stake in shares of Victoryshares Dividend Accelerator ETF by 104.9% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 42,363 shares of the company’s stock worth $2,047,000 after purchasing an additional 21,692 shares during the last quarter.

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.