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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 400 shares, an increase of 33.3% from the September 30th total of 300 shares. Based on an average daily volume of 9,900 shares, the short-interest ratio is presently 0.0 days.

Victoryshares Dividend Accelerator ETF Price Performance

Shares of Victoryshares Dividend Accelerator ETF stock opened at $52.30 on Tuesday. The firm has a market cap of $261.50 million, a P/E ratio of 21.70 and a beta of 0.86. The firm has a 50 day simple moving average of $52.48 and a 200 day simple moving average of $50.28. Victoryshares Dividend Accelerator ETF has a fifty-two week low of $41.42 and a fifty-two week high of $53.97.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were given a dividend of $0.1383 per share. The ex-dividend date of this dividend was Tuesday, October 8th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 3.17%.

Hedge Funds Weigh In On Victoryshares Dividend Accelerator ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. GPS Wealth Strategies Group LLC bought a new position in shares of Victoryshares Dividend Accelerator ETF during the second quarter worth $26,000. Cornerstone Wealth Management LLC acquired a new stake in shares of Victoryshares Dividend Accelerator ETF during the third quarter worth $216,000. Integrated Advisors Network LLC raised its holdings in shares of Victoryshares Dividend Accelerator ETF by 28.2% during the third quarter. Integrated Advisors Network LLC now owns 5,472 shares of the company’s stock worth $291,000 after acquiring an additional 1,203 shares during the period. Thoroughbred Financial Services LLC increased its stake in Victoryshares Dividend Accelerator ETF by 6.8% in the 1st quarter. Thoroughbred Financial Services LLC now owns 7,238 shares of the company’s stock valued at $364,000 after buying an additional 461 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. increased its stake in Victoryshares Dividend Accelerator ETF by 104.9% in the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 42,363 shares of the company’s stock valued at $2,047,000 after buying an additional 21,692 shares during the last quarter.

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.