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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a large decline in short interest in February. As of February 28th, there was short interest totalling 8,500 shares, a decline of 15.0% from the February 13th total of 10,000 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 29,200 shares, the short-interest ratio is currently 0.3 days.

Victoryshares Dividend Accelerator ETF Stock Performance

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

Victoryshares Dividend Accelerator ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were given 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 was Monday, March 10th.

Institutional Investors Weigh In On Victoryshares Dividend Accelerator ETF

Institutional investors have recently made changes to their positions in the stock. Two Sigma Securities LLC purchased a new stake in shares of Victoryshares Dividend Accelerator ETF during the 4th quarter worth $521,000. Cetera Investment Advisers boosted its position in shares of Victoryshares Dividend Accelerator ETF by 2.8% in the 4th quarter. Cetera Investment Advisers now owns 17,567 shares of the company’s stock worth $893,000 after buying an additional 483 shares in the last quarter. Keystone Financial Group purchased a new stake in shares of Victoryshares Dividend Accelerator ETF in the 4th quarter worth about $1,077,000. Jane Street Group LLC boosted its position in shares of Victoryshares Dividend Accelerator ETF by 9.6% in the 4th quarter. Jane Street Group LLC now owns 26,632 shares of the company’s stock worth $1,354,000 after buying an additional 2,341 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of Victoryshares Dividend Accelerator ETF in the 4th quarter worth about $2,088,000.

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.