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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 7,200 shares, an increase of 414.3% from the January 15th total of 1,400 shares. Based on an average daily volume of 31,800 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Victoryshares Dividend Accelerator ETF

Several hedge funds have recently made changes to their positions in the company. DDD Partners LLC lifted its holdings in shares of Victoryshares Dividend Accelerator ETF by 100.7% in the 4th 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. Raymond James Financial Inc. purchased a new stake in shares of Victoryshares Dividend Accelerator ETF in the fourth quarter valued at about $2,088,000. Great Valley Advisor Group Inc. raised its holdings in shares of Victoryshares Dividend Accelerator ETF by 7.7% in 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. Pinnacle Financial Partners Inc boosted its stake in shares of Victoryshares Dividend Accelerator ETF by 4.3% during the third quarter. Pinnacle Financial Partners Inc now owns 454,273 shares of the company’s stock worth $24,136,000 after buying an additional 18,645 shares during the period. Finally, Investors Research Corp grew its holdings in shares of Victoryshares Dividend Accelerator ETF by 8.0% during the third quarter. Investors Research Corp now owns 217,225 shares of the company’s stock worth $11,541,000 after buying an additional 16,107 shares during the last quarter.

Victoryshares Dividend Accelerator ETF Trading Down 1.0 %

Shares of NASDAQ:VSDA opened at $51.50 on Thursday. The firm has a 50 day simple moving average of $51.81 and a 200-day simple moving average of $52.20. The company has a market capitalization of $244.63 million, a PE ratio of 21.70 and a beta of 0.86. Victoryshares Dividend Accelerator ETF has a twelve month low of $46.94 and a twelve month high of $55.25.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, February 10th. Investors of record on Friday, February 7th were given a $0.032 dividend. The ex-dividend date was Friday, February 7th.

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.