Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Down 87.5% in January

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the recipient of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 1,400 shares, a decrease of 87.5% from the December 31st total of 11,200 shares. Based on an average daily volume of 31,700 shares, the short-interest ratio is currently 0.0 days.

Institutional Trading of Victoryshares Dividend Accelerator ETF

Several hedge funds have recently bought and sold shares of the stock. Cornerstone Wealth Management LLC purchased a new position in shares of Victoryshares Dividend Accelerator ETF during the 3rd quarter valued at about $216,000. Integrated Advisors Network LLC raised its stake in Victoryshares Dividend Accelerator ETF by 28.2% during 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 period. Gladstone Institutional Advisory LLC lifted its holdings in Victoryshares Dividend Accelerator ETF by 1.5% during the fourth quarter. Gladstone Institutional Advisory LLC now owns 85,959 shares of the company’s stock valued at $4,369,000 after purchasing an additional 1,240 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Victoryshares Dividend Accelerator ETF by 98.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 118,768 shares of the company’s stock worth $5,738,000 after purchasing an additional 58,798 shares during the period. Finally, DDD Partners LLC increased its stake in shares of Victoryshares Dividend Accelerator ETF by 100.7% in the fourth quarter. DDD Partners LLC now owns 186,195 shares of the company’s stock worth $9,464,000 after purchasing an additional 93,402 shares in the last quarter.

Victoryshares Dividend Accelerator ETF Price Performance

Shares of Victoryshares Dividend Accelerator ETF stock opened at $52.71 on Friday. Victoryshares Dividend Accelerator ETF has a 1-year low of $46.94 and a 1-year high of $55.25. The company’s fifty day simple moving average is $52.31 and its 200-day simple moving average is $52.07. The stock has a market capitalization of $258.28 million, a PE ratio of 21.70 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were given a dividend of $0.0576 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

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.