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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 8,500 shares, a drop of 15.0% from the February 13th total of 10,000 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 29,200 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Two Sigma Securities LLC acquired a new position in shares of Victoryshares Dividend Accelerator ETF during the 4th quarter worth $521,000. Cetera Investment Advisers grew its position in Victoryshares Dividend Accelerator ETF by 2.8% during 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 acquired a new stake in shares of Victoryshares Dividend Accelerator ETF during the 4th quarter valued at approximately $1,077,000. Jane Street Group LLC increased its stake in Victoryshares Dividend Accelerator ETF by 9.6% in the 4th quarter. Jane Street Group LLC now owns 26,632 shares of the company’s stock valued at $1,354,000 after purchasing an additional 2,341 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Victoryshares Dividend Accelerator ETF during the fourth quarter worth $2,088,000.

Victoryshares Dividend Accelerator ETF Stock Down 0.4 %

Shares of Victoryshares Dividend Accelerator ETF stock opened at $51.24 on Friday. The firm has a market cap of $243.39 million, a price-to-earnings ratio of 18.20 and a beta of 0.86. Victoryshares Dividend Accelerator ETF has a 52-week low of $47.43 and a 52-week high of $55.25. The company’s 50-day simple moving average is $51.78 and its 200-day simple moving average is $52.37.

Victoryshares Dividend Accelerator ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were issued a $0.1081 dividend. This is a boost from Victoryshares Dividend Accelerator ETF’s previous dividend of $0.03. The ex-dividend date was Monday, March 10th.

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.