Short Interest in VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) Declines By 77.4%

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDAGet Free Report) was the target of a large decrease in short interest in July. As of July 15th, there was short interest totaling 14,207 shares, a decrease of 77.4% from the June 30th total of 62,861 shares. Based on an average daily volume of 13,177 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.3% of the company’s stock are short sold.

VictoryShares Dividend Accelerator ETF Stock Up 1.5%

Shares of VSDA stock opened at $58.80 on Friday. The firm has a fifty day moving average of $56.97 and a 200-day moving average of $56.22. The company has a market capitalization of $244.02 million, a price-to-earnings ratio of 18.24 and a beta of 0.78. VictoryShares Dividend Accelerator ETF has a 12-month low of $51.14 and a 12-month high of $59.54.

VictoryShares Dividend Accelerator ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were given a $0.1791 dividend. The ex-dividend date of this dividend was Thursday, July 9th. This is a boost from VictoryShares Dividend Accelerator ETF’s previous dividend of $0.14.

Hedge Funds Weigh In On VictoryShares Dividend Accelerator ETF

A number of large investors have recently modified their holdings of VSDA. Western Wealth Management LLC bought a new position in shares of VictoryShares Dividend Accelerator ETF in the 1st quarter valued at about $51,000. Farther Finance Advisors LLC bought a new stake in VictoryShares Dividend Accelerator ETF during the fourth quarter worth about $72,000. Empowered Funds LLC bought a new stake in VictoryShares Dividend Accelerator ETF during the fourth quarter worth about $97,000. Advisory Services Network LLC acquired a new position in VictoryShares Dividend Accelerator ETF during the third quarter valued at approximately $117,000. Finally, Kestra Advisory Services LLC acquired a new position in VictoryShares Dividend Accelerator ETF during the fourth quarter valued at approximately $120,000.

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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