Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Up 950.0% in March

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a significant growth in short interest in March. As of March 31st, there was short interest totalling 12,600 shares, a growth of 950.0% from the March 15th total of 1,200 shares. Based on an average daily volume of 26,500 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the shares of the stock are sold short.

Victoryshares Dividend Accelerator ETF Price Performance

VSDA stock opened at $48.86 on Tuesday. The company’s 50 day simple moving average is $50.97 and its 200-day simple moving average is $52.01. Victoryshares Dividend Accelerator ETF has a 12 month low of $45.51 and a 12 month high of $55.25. The firm has a market capitalization of $232.09 million, a PE ratio of 18.46 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 10th were given a dividend of $0.1969 per share. This is an increase from Victoryshares Dividend Accelerator ETF’s previous monthly dividend of $0.03. The ex-dividend date was Thursday, April 10th. This represents a $2.36 annualized dividend and a yield of 4.84%.

Institutional Trading of Victoryshares Dividend Accelerator ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers raised its stake in Victoryshares Dividend Accelerator ETF by 2.8% in the 4th quarter. Cetera Investment Advisers now owns 17,567 shares of the company’s stock valued at $893,000 after purchasing an additional 483 shares during the last quarter. Gladstone Institutional Advisory LLC raised its position in shares of Victoryshares Dividend Accelerator ETF by 1.5% in the fourth quarter. Gladstone Institutional Advisory LLC now owns 85,959 shares of the company’s stock valued at $4,369,000 after buying an additional 1,240 shares during the last quarter. Jane Street Group LLC lifted its stake in shares of Victoryshares Dividend Accelerator ETF by 9.6% during the fourth quarter. Jane Street Group LLC now owns 26,632 shares of the company’s stock valued at $1,354,000 after buying an additional 2,341 shares during the period. Quent Capital LLC purchased a new stake in shares of Victoryshares Dividend Accelerator ETF in the first quarter valued at $147,000. Finally, LPL Financial LLC increased its stake in shares of Victoryshares Dividend Accelerator ETF by 2.5% during the 4th quarter. LPL Financial LLC now owns 271,359 shares of the company’s stock valued at $13,793,000 after acquiring an additional 6,665 shares during the last quarter.

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.