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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a large growth in short interest in June. As of June 15th, there was short interest totalling 12,900 shares, a growth of 25.2% from the May 31st total of 10,300 shares. Based on an average daily trading volume, of 12,900 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Victoryshares Dividend Accelerator ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Pinnacle Financial Partners Inc grew its stake in Victoryshares Dividend Accelerator ETF by 6.5% during the 4th quarter. Pinnacle Financial Partners Inc now owns 354,728 shares of the company’s stock worth $16,878,000 after buying an additional 21,788 shares during the last quarter. LPL Financial LLC grew its stake in shares of Victoryshares Dividend Accelerator ETF by 8.9% during the third quarter. LPL Financial LLC now owns 312,999 shares of the company’s stock worth $13,587,000 after acquiring an additional 25,526 shares during the last quarter. Great Valley Advisor Group Inc. grew its stake in shares of Victoryshares Dividend Accelerator ETF by 15.4% during the fourth quarter. Great Valley Advisor Group Inc. now owns 291,750 shares of the company’s stock worth $13,881,000 after acquiring an additional 38,951 shares during the last quarter. Investors Research Corp raised its position in shares of Victoryshares Dividend Accelerator ETF by 3.8% in the 4th quarter. Investors Research Corp now owns 183,645 shares of the company’s stock valued at $8,738,000 after purchasing an additional 6,744 shares during the last quarter. Finally, Stifel Financial Corp raised its position in shares of Victoryshares Dividend Accelerator ETF by 1.8% in the 3rd quarter. Stifel Financial Corp now owns 85,244 shares of the company’s stock valued at $3,700,000 after purchasing an additional 1,535 shares during the last quarter.

Victoryshares Dividend Accelerator ETF Stock Down 0.9 %

Shares of Victoryshares Dividend Accelerator ETF stock opened at $47.88 on Tuesday. Victoryshares Dividend Accelerator ETF has a 52-week low of $41.26 and a 52-week high of $50.36. The firm’s 50 day moving average price is $48.80 and its 200-day moving average price is $48.38. The company has a market cap of $308.85 million, a P/E ratio of 21.70 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, June 13th. Shareholders of record on Wednesday, June 12th were issued a $0.1442 dividend. This represents a $1.73 annualized dividend and a yield of 3.61%. The ex-dividend date of this dividend was Wednesday, June 12th.

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.