Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Up 414.3% in January

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of 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 short-interest ratio is currently 0.2 days.

Victoryshares Dividend Accelerator ETF Trading Down 1.0 %

Shares of VSDA opened at $51.50 on Thursday. The firm has a market cap of $244.63 million, a PE ratio of 21.70 and a beta of 0.86. Victoryshares Dividend Accelerator ETF has a 12 month low of $46.94 and a 12 month high of $55.25. The stock has a fifty day moving average price of $51.81 and a 200-day moving average price of $52.20.

Victoryshares Dividend Accelerator ETF Cuts Dividend

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

Institutional Investors Weigh In On Victoryshares Dividend Accelerator ETF

A number of large investors have recently modified their holdings of VSDA. Cornerstone Wealth Management LLC purchased a new position in shares of Victoryshares Dividend Accelerator ETF in the 3rd quarter valued at approximately $216,000. Integrated Advisors Network LLC raised its holdings in shares of Victoryshares Dividend Accelerator ETF by 28.2% in the third quarter. Integrated Advisors Network LLC now owns 5,472 shares of the company’s stock worth $291,000 after buying an additional 1,203 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Victoryshares Dividend Accelerator ETF in the fourth quarter worth $2,088,000. Gladstone Institutional Advisory LLC lifted its stake 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 worth $4,501,000 after buying an additional 1,272 shares during the period. Finally, DDD Partners LLC grew its holdings in shares of Victoryshares Dividend Accelerator ETF by 100.7% during the fourth quarter. DDD Partners LLC now owns 186,195 shares of the company’s stock valued at $9,464,000 after buying an additional 93,402 shares during the last quarter.

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.