VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Up 259.1% in June

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 62,861 shares, an increase of 259.1% from the June 15th total of 17,505 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily trading volume, of 17,387 shares, the days-to-cover ratio is presently 3.6 days.

VictoryShares Dividend Accelerator ETF Stock Performance

NASDAQ:VSDA opened at $58.35 on Monday. The company has a market capitalization of $242.15 million, a P/E ratio of 18.24 and a beta of 0.78. The stock’s 50 day moving average price is $56.34 and its 200 day moving average price is $55.88. VictoryShares Dividend Accelerator ETF has a 52 week low of $51.14 and a 52 week high of $59.54.

VictoryShares Dividend Accelerator ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a dividend of $0.1791 per share. This is a positive change from VictoryShares Dividend Accelerator ETF’s previous dividend of $0.14. The ex-dividend date was Thursday, July 9th.

Institutional Investors Weigh In On VictoryShares Dividend Accelerator ETF

Several institutional investors and hedge funds have recently modified their holdings of VSDA. Commonwealth Equity Services LLC boosted its stake in shares of VictoryShares Dividend Accelerator ETF by 1.9% during the 4th quarter. Commonwealth Equity Services LLC now owns 16,507 shares of the company’s stock worth $871,000 after acquiring an additional 303 shares in the last quarter. Stifel Financial Corp lifted its holdings in VictoryShares Dividend Accelerator ETF by 4.2% in the 4th quarter. Stifel Financial Corp now owns 10,237 shares of the company’s stock worth $540,000 after purchasing an additional 410 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in VictoryShares Dividend Accelerator ETF by 2.9% in the 2nd quarter. Osaic Holdings Inc. now owns 14,973 shares of the company’s stock worth $776,000 after purchasing an additional 415 shares during the last quarter. Keystone Financial Group boosted its position in VictoryShares Dividend Accelerator ETF by 3.8% during the third quarter. Keystone Financial Group now owns 22,206 shares of the company’s stock worth $1,187,000 after purchasing an additional 814 shares during the period. Finally, Western Wealth Management LLC acquired a new position in VictoryShares Dividend Accelerator ETF during the first quarter valued at approximately $51,000.

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.