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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 1,400 shares, a drop of 87.5% from the December 31st total of 11,200 shares. Based on an average daily volume of 31,700 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Victoryshares Dividend Accelerator ETF

Several hedge funds have recently bought and sold shares of VSDA. Pinnacle Financial Partners Inc boosted its position in Victoryshares Dividend Accelerator ETF by 4.3% during the third quarter. Pinnacle Financial Partners Inc now owns 454,273 shares of the company’s stock worth $24,136,000 after purchasing an additional 18,645 shares in the last quarter. Great Valley Advisor Group Inc. boosted its position in shares of Victoryshares Dividend Accelerator ETF by 7.7% in the 3rd quarter. Great Valley Advisor Group Inc. now owns 363,836 shares of the company’s stock worth $19,331,000 after buying an additional 26,101 shares in the last quarter. Investors Research Corp grew its stake in Victoryshares Dividend Accelerator ETF by 8.0% in the 3rd quarter. Investors Research Corp now owns 217,225 shares of the company’s stock valued at $11,541,000 after acquiring an additional 16,107 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Victoryshares Dividend Accelerator ETF by 98.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 118,768 shares of the company’s stock worth $5,738,000 after acquiring an additional 58,798 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC lifted its holdings in shares of Victoryshares Dividend Accelerator ETF by 1.5% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 85,959 shares of the company’s stock valued at $4,369,000 after purchasing an additional 1,240 shares in the last quarter.

Victoryshares Dividend Accelerator ETF Stock Up 0.6 %

Shares of NASDAQ VSDA traded up $0.33 during midday trading on Thursday, hitting $52.62. The company had a trading volume of 28,408 shares, compared to its average volume of 52,904. The business has a 50-day simple moving average of $52.31 and a two-hundred day simple moving average of $52.07. Victoryshares Dividend Accelerator ETF has a twelve month low of $46.94 and a twelve month high of $55.25. The firm has a market capitalization of $257.86 million, a price-to-earnings ratio of 21.70 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Cuts Dividend

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

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.