Short Interest in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Grows By 148.9%

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

Institutional Investors Weigh In On Victoryshares Dividend Accelerator ETF

Several institutional investors have recently bought and sold shares of VSDA. Great Valley Advisor Group Inc. lifted its holdings in shares of Victoryshares Dividend Accelerator ETF by 7.7% during the 3rd 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 in the last quarter. Investors Research Corp boosted its position in shares of Victoryshares Dividend Accelerator ETF by 8.0% in the third quarter. Investors Research Corp now owns 217,225 shares of the company’s stock worth $11,541,000 after buying an additional 16,107 shares during the period. Pinnacle Financial Partners Inc grew its stake in shares of Victoryshares Dividend Accelerator ETF by 4.3% in the third quarter. Pinnacle Financial Partners Inc now owns 454,273 shares of the company’s stock valued at $24,136,000 after buying an additional 18,645 shares in the last quarter. Gladstone Institutional Advisory LLC raised its holdings 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 buying an additional 1,272 shares during the period. Finally, Integrated Advisors Network LLC lifted its position in 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 acquiring an additional 1,203 shares in the last quarter.

Victoryshares Dividend Accelerator ETF Price Performance

NASDAQ VSDA opened at $50.14 on Tuesday. Victoryshares Dividend Accelerator ETF has a 1-year low of $46.50 and a 1-year high of $55.25. The firm has a market capitalization of $223.12 million, a P/E ratio of 21.70 and a beta of 0.86. The business’s 50-day simple moving average is $52.68 and its 200-day simple moving average is $51.80.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were given a dividend of $0.0576 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

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.