Short Interest in VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) Declines By 77.4%

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a significant decrease in short interest in July. As of July 15th, there was short interest totaling 14,207 shares, a decrease of 77.4% from the June 30th total of 62,861 shares. Based on an average trading volume of 13,177 shares, the days-to-cover ratio is currently 1.1 days. Currently, 0.3% of the shares of the stock are short sold.

Institutional Trading of VictoryShares Dividend Accelerator ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. raised its holdings in VictoryShares Dividend Accelerator ETF by 22.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 41,588 shares of the company’s stock valued at $2,149,000 after acquiring an additional 7,718 shares during the last quarter. Osaic Holdings Inc. boosted its holdings in shares of VictoryShares Dividend Accelerator ETF by 2.9% during the second quarter. Osaic Holdings Inc. now owns 14,973 shares of the company’s stock worth $776,000 after purchasing an additional 415 shares during the last quarter. Pinnacle Financial Partners Inc. grew its position in shares of VictoryShares Dividend Accelerator ETF by 6.3% in the third quarter. Pinnacle Financial Partners Inc. now owns 529,031 shares of the company’s stock valued at $28,287,000 after purchasing an additional 31,161 shares during the period. Citadel Advisors LLC grew its position in shares of VictoryShares Dividend Accelerator ETF by 3.7% in the third quarter. Citadel Advisors LLC now owns 40,729 shares of the company’s stock valued at $2,178,000 after purchasing an additional 1,449 shares during the period. Finally, Flow Traders U.S. LLC acquired a new position in VictoryShares Dividend Accelerator ETF in the third quarter valued at $308,000.

VictoryShares Dividend Accelerator ETF Stock Up 1.1%

Shares of VSDA traded up $0.67 during trading hours on Monday, reaching $59.37. 1,657 shares of the company traded hands, compared to its average volume of 10,704. The stock has a market capitalization of $246.39 million, a PE ratio of 18.24 and a beta of 0.78. The stock has a fifty day simple moving average of $56.97 and a 200 day simple moving average of $56.24. VictoryShares Dividend Accelerator ETF has a fifty-two week low of $51.14 and a fifty-two week high of $59.54.

VictoryShares Dividend Accelerator ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were paid a dividend of $0.1791 per share. The ex-dividend date of this dividend was Thursday, July 9th. This is a positive change from VictoryShares Dividend Accelerator ETF’s previous dividend of $0.14.

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.