Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Down 95.5% in April

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the recipient of a significant decline in short interest in April. As of April 15th, there was short interest totalling 100 shares, a decline of 95.5% from the March 31st total of 2,200 shares. Based on an average trading volume of 23,900 shares, the days-to-cover ratio is currently 0.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of VSDA. Scarborough Advisors LLC bought a new position in Victoryshares Dividend Accelerator ETF in the 4th quarter worth about $125,000. Landmark Wealth Management LLC boosted its holdings in Victoryshares Dividend Accelerator ETF by 4.0% during the 4th quarter. Landmark Wealth Management LLC now owns 6,737 shares of the company’s stock valued at $321,000 after acquiring an additional 259 shares during the period. Allworth Financial LP purchased a new stake in Victoryshares Dividend Accelerator ETF during the 3rd quarter valued at about $357,000. International Assets Investment Management LLC purchased a new stake in Victoryshares Dividend Accelerator ETF during the 4th quarter valued at about $566,000. Finally, KLR Investment Advisors LLC purchased a new stake in Victoryshares Dividend Accelerator ETF during the 1st quarter valued at about $754,000.

Victoryshares Dividend Accelerator ETF Trading Up 0.1 %

Victoryshares Dividend Accelerator ETF stock traded up $0.04 during trading on Thursday, hitting $48.60. 17,277 shares of the company were exchanged, compared to its average volume of 22,658. The business’s 50 day moving average is $48.91 and its 200 day moving average is $46.72. Victoryshares Dividend Accelerator ETF has a 52 week low of $41.26 and a 52 week high of $50.36. The company has a market capitalization of $240.57 million, a P/E ratio of 21.62 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were given a $0.0705 dividend. The ex-dividend date of this dividend was Thursday, April 11th. This represents a $0.85 annualized dividend and a yield of 1.74%.

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.