Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Sees Large Decline in Short Interest

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the recipient of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,200 shares, a decline of 85.9% from the February 28th total of 8,500 shares. Based on an average daily volume of 28,800 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On Victoryshares Dividend Accelerator ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VSDA. DDD Partners LLC lifted its holdings in Victoryshares Dividend Accelerator ETF by 100.7% during the fourth quarter. DDD Partners LLC now owns 186,195 shares of the company’s stock valued at $9,464,000 after purchasing an additional 93,402 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Victoryshares Dividend Accelerator ETF during the fourth quarter worth about $2,088,000. Great Valley Advisor Group Inc. raised its stake in Victoryshares Dividend Accelerator ETF by 6.8% during the fourth quarter. Great Valley Advisor Group Inc. now owns 388,560 shares of the company’s stock worth $19,751,000 after purchasing an additional 24,724 shares during the period. Keystone Financial Group purchased a new stake in shares of Victoryshares Dividend Accelerator ETF in the 4th quarter valued at approximately $1,077,000. Finally, Investors Research Corp boosted its holdings in Victoryshares Dividend Accelerator ETF by 5.9% during the 4th quarter. Investors Research Corp now owns 230,028 shares of the company’s stock valued at $11,692,000 after acquiring an additional 12,803 shares during the period.

Victoryshares Dividend Accelerator ETF Stock Performance

VSDA traded up $0.31 during trading on Wednesday, hitting $51.48. The stock had a trading volume of 9,454 shares, compared to its average volume of 17,498. The stock has a 50 day simple moving average of $51.84 and a two-hundred day simple moving average of $52.36. Victoryshares Dividend Accelerator ETF has a twelve month low of $47.43 and a twelve month high of $55.25. The company has a market capitalization of $244.53 million, a PE ratio of 18.20 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were given a dividend of $0.1081 per share. This is an increase from Victoryshares Dividend Accelerator ETF’s previous dividend of $0.03. The ex-dividend date was Monday, March 10th.

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.