Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Up 148.9% in December

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a significant increase in short interest in December. As of December 31st, there was short interest totalling 11,200 shares, an increase of 148.9% from the December 15th total of 4,500 shares. Based on an average daily volume of 20,900 shares, the days-to-cover ratio is currently 0.5 days.

Victoryshares Dividend Accelerator ETF Stock Performance

Victoryshares Dividend Accelerator ETF stock opened at $50.62 on Wednesday. The firm has a market cap of $225.26 million, a P/E ratio of 21.70 and a beta of 0.86. The business’s fifty day moving average is $52.64 and its two-hundred day moving average is $51.81. Victoryshares Dividend Accelerator ETF has a 52 week low of $46.50 and a 52 week high of $55.25.

Victoryshares Dividend Accelerator ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were paid a $0.0576 dividend. The ex-dividend date was Wednesday, January 8th.

Hedge Funds Weigh In On Victoryshares Dividend Accelerator ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Cornerstone Wealth Management LLC acquired a new position in Victoryshares Dividend Accelerator ETF in the third quarter worth $216,000. Integrated Advisors Network LLC lifted its stake in shares of Victoryshares Dividend Accelerator ETF by 28.2% during the third quarter. Integrated Advisors Network LLC now owns 5,472 shares of the company’s stock valued at $291,000 after acquiring an additional 1,203 shares during the period. 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 valued at $4,501,000 after acquiring an additional 1,272 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Victoryshares Dividend Accelerator ETF by 98.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 118,768 shares of the company’s stock valued at $5,738,000 after acquiring an additional 58,798 shares during the period. Finally, Investors Research Corp lifted its stake 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 valued at $11,541,000 after acquiring an additional 16,107 shares during the period.

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.