Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Update

by · The Markets Daily

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDAGet Free Report) saw a significant decrease in short interest in September. As of September 30th, there was short interest totalling 300 shares, a decrease of 91.2% from the September 15th total of 3,400 shares. Based on an average daily volume of 10,500 shares, the short-interest ratio is currently 0.0 days.

Victoryshares Dividend Accelerator ETF Stock Up 1.0 %

Shares of Victoryshares Dividend Accelerator ETF stock traded up $0.52 during midday trading on Friday, hitting $53.00. The company’s stock had a trading volume of 2,947 shares, compared to its average volume of 14,849. The firm has a market capitalization of $265 million, a P/E ratio of 21.70 and a beta of 0.86. Victoryshares Dividend Accelerator ETF has a 1-year low of $41.26 and a 1-year high of $53.46. The stock has a 50-day simple moving average of $51.76 and a 200-day simple moving average of $49.98.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Stockholders of record on Tuesday, October 8th were issued a $0.1383 dividend. The ex-dividend date was Tuesday, October 8th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 3.13%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VSDA. Scarborough Advisors LLC purchased a new position in Victoryshares Dividend Accelerator ETF in the fourth quarter valued at about $195,000. Thoroughbred Financial Services LLC lifted its position in shares of Victoryshares Dividend Accelerator ETF by 6.8% during the 1st quarter. Thoroughbred Financial Services LLC now owns 7,238 shares of the company’s stock worth $364,000 after purchasing an additional 461 shares during the last quarter. Great Valley Advisor Group Inc. grew its holdings in Victoryshares Dividend Accelerator ETF by 5.8% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 337,735 shares of the company’s stock valued at $16,319,000 after buying an additional 18,646 shares during the last quarter. GPS Wealth Strategies Group LLC acquired a new position in Victoryshares Dividend Accelerator ETF in the 2nd quarter valued at approximately $26,000. Finally, Cambridge Investment Research Advisors Inc. boosted its stake in Victoryshares Dividend Accelerator ETF by 104.9% during the second quarter. Cambridge Investment Research Advisors Inc. now owns 42,363 shares of the company’s stock worth $2,047,000 after buying an additional 21,692 shares in the last quarter.

Victoryshares Dividend Accelerator ETF Company Profile

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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.

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