Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Sees Significant Decline in Short Interest

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,200 shares, a decline of 85.9% from the February 28th total of 8,500 shares. Based on an average daily trading volume, of 28,800 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers raised its holdings in shares of Victoryshares Dividend Accelerator ETF by 2.8% during the 4th quarter. Cetera Investment Advisers now owns 17,567 shares of the company’s stock valued at $893,000 after buying an additional 483 shares during the period. Gladstone Institutional Advisory LLC grew its position in Victoryshares Dividend Accelerator ETF by 1.5% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 85,959 shares of the company’s stock valued at $4,369,000 after acquiring an additional 1,240 shares in the last quarter. Jane Street Group LLC grew its position in 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 valued at $1,354,000 after acquiring an additional 2,341 shares in the last quarter. LPL Financial LLC raised its stake in shares of Victoryshares Dividend Accelerator ETF by 2.5% during the fourth quarter. LPL Financial LLC now owns 271,359 shares of the company’s stock valued at $13,793,000 after purchasing an additional 6,665 shares during the period. Finally, Two Sigma Securities LLC acquired a new position in shares of Victoryshares Dividend Accelerator ETF during the fourth quarter worth $521,000.

Victoryshares Dividend Accelerator ETF Trading Up 0.3 %

Shares of VSDA stock opened at $51.65 on Friday. The company has a market cap of $245.34 million, a PE ratio of 18.20 and a beta of 0.86. The company’s fifty day simple moving average is $51.86 and its 200-day simple moving average is $52.35. Victoryshares Dividend Accelerator ETF has a 52 week low of $47.43 and a 52 week high of $55.25.

Victoryshares Dividend Accelerator ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were given a $0.1081 dividend. The ex-dividend date of this dividend was Monday, March 10th. This is a positive change from Victoryshares Dividend Accelerator ETF’s previous dividend of $0.03.

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.