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

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a significant decrease in short interest during the month of 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. Currently, 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 13,177 shares, the short-interest ratio is currently 1.1 days.

VictoryShares Dividend Accelerator ETF Price Performance

Shares of VSDA stock opened at $58.80 on Friday. VictoryShares Dividend Accelerator ETF has a one year low of $51.14 and a one year high of $59.54. The stock has a market cap of $244.02 million, a P/E ratio of 18.24 and a beta of 0.78. The stock has a fifty day moving average price of $56.97 and a 200 day moving average price of $56.22.

VictoryShares Dividend Accelerator ETF Increases Dividend

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

Hedge Funds Weigh In On VictoryShares Dividend Accelerator ETF

Several institutional investors have recently bought and sold shares of VSDA. Western Wealth Management LLC bought a new position in VictoryShares Dividend Accelerator ETF in the 1st quarter worth approximately $51,000. Farther Finance Advisors LLC bought a new stake in shares of VictoryShares Dividend Accelerator ETF during the 4th quarter valued at $72,000. Empowered Funds LLC bought a new stake in shares of VictoryShares Dividend Accelerator ETF during the 4th quarter valued at $97,000. Advisory Services Network LLC bought a new stake in VictoryShares Dividend Accelerator ETF in the third quarter valued at about $117,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of VictoryShares Dividend Accelerator ETF in the 4th quarter valued at approximately $120,000.

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.