Short Interest in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Declines By 15.0%

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the recipient of a significant 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 daily trading volume, of 29,200 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Two Sigma Securities LLC acquired a new position in shares of Victoryshares Dividend Accelerator ETF during the fourth quarter valued at $521,000. Cetera Investment Advisers increased its holdings in shares of Victoryshares Dividend Accelerator ETF by 2.8% during the fourth quarter. Cetera Investment Advisers now owns 17,567 shares of the company’s stock valued at $893,000 after purchasing an additional 483 shares during the period. Keystone Financial Group acquired a new position in shares of Victoryshares Dividend Accelerator ETF during the fourth quarter valued at $1,077,000. Jane Street Group LLC increased its holdings in shares of Victoryshares Dividend Accelerator ETF by 9.6% during the fourth 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 during the period. Finally, Raymond James Financial Inc. acquired a new position in shares of Victoryshares Dividend Accelerator ETF during the fourth quarter valued at $2,088,000.

Victoryshares Dividend Accelerator ETF Price Performance

Shares of NASDAQ VSDA opened at $51.28 on Wednesday. Victoryshares Dividend Accelerator ETF has a 1-year low of $47.43 and a 1-year high of $55.25. The business’s fifty day moving average price is $51.75 and its two-hundred day moving average price is $52.39. The firm has a market capitalization of $243.58 million, a PE ratio of 18.20 and a beta of 0.89.

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 dividend of $0.1081 per share. This is a positive change from Victoryshares Dividend Accelerator ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Monday, March 10th.

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.