Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Down 85.9% in March

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,200 shares, a drop of 85.9% from the February 28th total of 8,500 shares. Based on an average daily trading volume, of 28,800 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On Victoryshares Dividend Accelerator ETF

Several institutional investors and hedge funds have recently bought and sold shares of VSDA. Great Valley Advisor Group Inc. lifted its stake in shares of Victoryshares Dividend Accelerator ETF by 6.8% during the 4th quarter. Great Valley Advisor Group Inc. now owns 388,560 shares of the company’s stock valued at $19,751,000 after buying an additional 24,724 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of Victoryshares Dividend Accelerator ETF by 2.8% in the fourth quarter. Cetera Investment Advisers now owns 17,567 shares of the company’s stock worth $893,000 after purchasing an additional 483 shares during the last quarter. Jane Street Group LLC raised its holdings in shares of Victoryshares Dividend Accelerator ETF by 9.6% during the 4th quarter. Jane Street Group LLC now owns 26,632 shares of the company’s stock worth $1,354,000 after acquiring an additional 2,341 shares in the last quarter. Two Sigma Securities LLC purchased a new position in shares of Victoryshares Dividend Accelerator ETF in the 4th quarter worth $521,000. Finally, Keystone Financial Group purchased a new position in Victoryshares Dividend Accelerator ETF in the fourth quarter worth about $1,077,000.

Victoryshares Dividend Accelerator ETF Trading Up 0.6 %

NASDAQ:VSDA traded up $0.31 during mid-day trading on Wednesday, reaching $51.48. The company’s stock had a trading volume of 9,454 shares, compared to its average volume of 17,498. The stock has a market cap of $244.53 million, a P/E ratio of 18.20 and a beta of 0.86. The firm’s fifty day moving average price is $51.84 and its two-hundred day moving average price is $52.36. Victoryshares Dividend Accelerator ETF has a 12-month low of $47.43 and a 12-month high of $55.25.

Victoryshares Dividend Accelerator ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were paid a dividend of $0.1081 per share. This is an increase from Victoryshares Dividend Accelerator ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Monday, March 10th.

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.