Short Interest in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Rises By 38.9%

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a significant increase in short interest during the month of February. As of February 15th, there was short interest totalling 10,000 shares, an increase of 38.9% from the January 31st total of 7,200 shares. Based on an average daily volume of 30,100 shares, the days-to-cover ratio is currently 0.3 days.

Victoryshares Dividend Accelerator ETF Stock Performance

Victoryshares Dividend Accelerator ETF stock traded up $0.22 during mid-day trading on Wednesday, hitting $51.71. 2,620 shares of the company traded hands, compared to its average volume of 18,268. Victoryshares Dividend Accelerator ETF has a one year low of $47.43 and a one year high of $55.25. The stock has a market cap of $245.62 million, a price-to-earnings ratio of 18.65 and a beta of 0.86. The stock has a fifty day moving average price of $51.63 and a 200-day moving average price of $52.39.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were issued a $0.032 dividend. The ex-dividend date was Friday, February 7th.

Institutional Investors Weigh In On Victoryshares Dividend Accelerator ETF

Hedge funds have recently made changes to their positions in the business. Two Sigma Securities LLC bought a new stake in shares of Victoryshares Dividend Accelerator ETF in the 4th quarter worth approximately $521,000. Cetera Investment Advisers increased its stake in shares of Victoryshares Dividend Accelerator ETF by 2.8% in the fourth quarter. Cetera Investment Advisers now owns 17,567 shares of the company’s stock worth $893,000 after buying an additional 483 shares during the period. Keystone Financial Group purchased a new position in shares of Victoryshares Dividend Accelerator ETF in the fourth quarter worth $1,077,000. Jane Street Group LLC increased its stake in shares of Victoryshares Dividend Accelerator ETF by 9.6% in the fourth quarter. Jane Street Group LLC now owns 26,632 shares of the company’s stock worth $1,354,000 after buying an additional 2,341 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in shares of Victoryshares Dividend Accelerator ETF in the fourth quarter worth $2,088,000.

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.