Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Sees Significant Drop in Short Interest

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a significant decline in short interest in the month of November. As of November 30th, there was short interest totalling 500 shares, a decline of 98.2% from the November 15th total of 27,700 shares. Based on an average daily trading volume, of 15,900 shares, the days-to-cover ratio is currently 0.0 days.

Victoryshares Dividend Accelerator ETF Stock Down 0.3 %

VSDA opened at $53.00 on Friday. The business has a 50 day moving average of $53.41 and a 200-day moving average of $51.38. The stock has a market cap of $262.36 million, a PE ratio of 21.70 and a beta of 0.86. Victoryshares Dividend Accelerator ETF has a 52 week low of $46.30 and a 52 week high of $55.25.

Victoryshares Dividend Accelerator ETF Dividend Announcement

The business also recently disclosed a dividend, which will be paid on Friday, December 13th. Investors of record on Thursday, December 12th will be given a dividend of $0.3094 per share. The ex-dividend date of this dividend is Thursday, December 12th.

Hedge Funds Weigh In On Victoryshares Dividend Accelerator ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Great Valley Advisor Group Inc. boosted its position in shares of Victoryshares Dividend Accelerator ETF by 7.7% during the third quarter. Great Valley Advisor Group Inc. now owns 363,836 shares of the company’s stock valued at $19,331,000 after buying an additional 26,101 shares during the last quarter. Investors Research Corp grew its stake in shares of Victoryshares Dividend Accelerator ETF by 8.0% in the third quarter. Investors Research Corp now owns 217,225 shares of the company’s stock worth $11,541,000 after acquiring an additional 16,107 shares during the period. Pinnacle Financial Partners Inc grew its stake in shares of Victoryshares Dividend Accelerator ETF by 4.3% in the third quarter. Pinnacle Financial Partners Inc now owns 454,273 shares of the company’s stock worth $24,136,000 after acquiring an additional 18,645 shares during the period. Gladstone Institutional Advisory LLC raised its holdings in shares of Victoryshares Dividend Accelerator ETF by 1.5% during the third quarter. Gladstone Institutional Advisory LLC now owns 84,719 shares of the company’s stock valued at $4,501,000 after purchasing an additional 1,272 shares during the last quarter. Finally, Integrated Advisors Network LLC lifted its position in Victoryshares Dividend Accelerator ETF by 28.2% during the third 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 during the period.

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.