Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Update

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a large drop in short interest in the month of January. As of January 15th, there was short interest totalling 1,400 shares, a drop of 87.5% from the December 31st total of 11,200 shares. Based on an average trading volume of 31,700 shares, the short-interest ratio is presently 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 the stock. Cornerstone Wealth Management LLC acquired a new stake in shares of Victoryshares Dividend Accelerator ETF in the third quarter valued at $216,000. Integrated Advisors Network LLC boosted its position in shares of 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 valued at $291,000 after purchasing an additional 1,203 shares in the last quarter. Gladstone Institutional Advisory LLC grew its stake in shares of Victoryshares Dividend Accelerator ETF by 1.5% in the 4th quarter. Gladstone Institutional Advisory LLC now owns 85,959 shares of the company’s stock worth $4,369,000 after purchasing an additional 1,240 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Victoryshares Dividend Accelerator ETF by 98.0% in the 2nd 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 last quarter. Finally, DDD Partners LLC lifted its stake in Victoryshares Dividend Accelerator ETF by 100.7% during the fourth quarter. DDD Partners LLC now owns 186,195 shares of the company’s stock valued at $9,464,000 after purchasing an additional 93,402 shares during the last quarter.

Victoryshares Dividend Accelerator ETF Stock Performance

Shares of VSDA traded down $0.35 during mid-day trading on Friday, reaching $52.36. 14,325 shares of the company’s stock traded hands, compared to its average volume of 50,986. Victoryshares Dividend Accelerator ETF has a 12 month low of $46.94 and a 12 month high of $55.25. The stock has a market capitalization of $256.56 million, a P/E ratio of 21.70 and a beta of 0.86. The business’s 50-day moving average price is $52.29 and its 200-day moving average price is $52.07.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were paid a $0.0576 dividend. 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.