Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Up 148.9% in January

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a large increase in short interest in January. As of January 15th, there was short interest totalling 11,200 shares, an increase of 148.9% from the December 31st total of 4,500 shares. Based on an average daily volume of 20,900 shares, the days-to-cover ratio is presently 0.5 days.

Victoryshares Dividend Accelerator ETF Stock Up 0.8 %

Victoryshares Dividend Accelerator ETF stock opened at $52.71 on Friday. The firm has a market cap of $258.28 million, a P/E ratio of 21.70 and a beta of 0.86. The business has a fifty day moving average of $52.31 and a two-hundred day 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.

Victoryshares Dividend Accelerator ETF Cuts Dividend

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

Institutional Investors Weigh In On Victoryshares Dividend Accelerator ETF

A number of institutional investors have recently added to or reduced their stakes in VSDA. Integrated Advisors Network LLC grew its holdings 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 worth $291,000 after purchasing an additional 1,203 shares during the last quarter. Gladstone Institutional Advisory LLC boosted its position in shares of Victoryshares Dividend Accelerator ETF by 1.5% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 85,959 shares of the company’s stock worth $4,369,000 after purchasing an additional 1,240 shares in the last quarter. Cornerstone Wealth Management LLC purchased a new position in Victoryshares Dividend Accelerator ETF during the 3rd quarter worth $216,000. Investors Research Corp increased its position in Victoryshares Dividend Accelerator ETF by 8.0% during the 3rd quarter. Investors Research Corp now owns 217,225 shares of the company’s stock valued at $11,541,000 after buying an additional 16,107 shares in the last quarter. Finally, Pinnacle Financial Partners Inc raised its stake in 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 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.