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

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

Institutional Investors Weigh In On Victoryshares Dividend Accelerator ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VSDA. Great Valley Advisor Group Inc. raised its stake in Victoryshares Dividend Accelerator ETF by 15.4% during the 4th quarter. Great Valley Advisor Group Inc. now owns 291,750 shares of the company’s stock worth $13,881,000 after acquiring an additional 38,951 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of Victoryshares Dividend Accelerator ETF by 8.9% in the third quarter. LPL Financial LLC now owns 312,999 shares of the company’s stock valued at $13,587,000 after acquiring an additional 25,526 shares in the last quarter. Pinnacle Financial Partners Inc boosted its holdings in shares of Victoryshares Dividend Accelerator ETF by 6.5% in the fourth quarter. Pinnacle Financial Partners Inc now owns 354,728 shares of the company’s stock valued at $16,878,000 after acquiring an additional 21,788 shares in the last quarter. DDD Partners LLC boosted its holdings in shares of Victoryshares Dividend Accelerator ETF by 35.8% in the fourth quarter. DDD Partners LLC now owns 77,841 shares of the company’s stock valued at $3,704,000 after acquiring an additional 20,511 shares in the last quarter. Finally, KLR Investment Advisors LLC purchased a new stake in shares of Victoryshares Dividend Accelerator ETF in the first quarter valued at about $754,000.

Victoryshares Dividend Accelerator ETF Stock Up 0.1 %

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

Victoryshares Dividend Accelerator ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were issued a $0.0705 dividend. The ex-dividend date of this dividend was Thursday, April 11th. This represents a $0.85 dividend on an annualized basis and a dividend 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.