VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) Shares Shorted: Short Interest Down 41.5% in September

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 11,131 shares, a drop of 41.5% from the August 31st total of 19,027 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 5,290 shares, the short-interest ratio is currently 2.1 days.

VictoryShares Dividend Accelerator ETF Trading Down 0.2%

Shares of VSDA stock traded down $0.14 during trading on Wednesday, reaching $56.47. 6,737 shares of the company’s stock traded hands, compared to its average volume of 12,719. The firm’s 50-day moving average is $59.17 and its 200 day moving average is $57.08. The company has a market capitalization of $208.94 million, a P/E ratio of 18.24 and a beta of 0.77. VictoryShares Dividend Accelerator ETF has a 1 year low of $51.14 and a 1 year high of $61.22.

VictoryShares Dividend Accelerator ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were issued a dividend of $0.1846 per share. This represents a $2.22 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend was Wednesday, September 9th. This is a positive change from VictoryShares Dividend Accelerator ETF’s previous monthly dividend of $0.0364.

Hedge Funds Weigh In On VictoryShares Dividend Accelerator ETF

A number of large investors have recently made changes to their positions in VSDA. NewEdge Advisors LLC purchased a new position in shares of VictoryShares Dividend Accelerator ETF in the second quarter valued at $428,000. Citadel Advisors LLC boosted its stake in VictoryShares Dividend Accelerator ETF by 16.1% in the 2nd quarter. Citadel Advisors LLC now owns 29,241 shares of the company’s stock worth $1,701,000 after purchasing an additional 4,047 shares during the period. Rockefeller Capital Management L.P. boosted its stake in VictoryShares Dividend Accelerator ETF by 159.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,989 shares of the company’s stock worth $263,000 after purchasing an additional 3,065 shares during the period. Finally, Western Wealth Management LLC purchased a new position in VictoryShares Dividend Accelerator ETF during the 1st quarter valued at about $51,000.

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.