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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 400 shares, a growth 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 currently 0.0 days.

Hedge Funds Weigh In On Victoryshares Dividend Accelerator ETF

Institutional investors have recently added to or reduced their stakes in the business. GPS Wealth Strategies Group LLC bought a new position in Victoryshares Dividend Accelerator ETF in the 2nd quarter worth about $26,000. Cornerstone Wealth Management LLC bought a new position in Victoryshares Dividend Accelerator ETF in the 3rd quarter worth about $216,000. Integrated Advisors Network LLC increased its stake in Victoryshares Dividend Accelerator ETF by 28.2% in the 3rd 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 last quarter. 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 worth $364,000 after acquiring 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 worth $2,047,000 after acquiring an additional 21,692 shares during the last quarter.

Victoryshares Dividend Accelerator ETF Stock Performance

Shares of VSDA opened at $52.30 on Tuesday. The stock’s 50-day simple moving average is $52.48 and its 200 day simple moving average is $50.28. The stock has a market capitalization of $261.50 million, a price-to-earnings ratio of 21.70 and a beta of 0.86. Victoryshares Dividend Accelerator ETF has a 52-week low of $41.42 and a 52-week high of $53.97.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were issued 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 yield of 3.17%.

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.