Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Up 264,733.3% in March

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 794,500 shares, an increase of 264,733.3% from the March 15th total of 300 shares. Based on an average daily volume of 694,100 shares, the days-to-cover ratio is currently 1.1 days.

Victoryshares Dividend Accelerator ETF Stock Performance

Shares of Victoryshares Dividend Accelerator ETF stock opened at $48.97 on Thursday. The firm has a 50-day simple moving average of $48.77 and a two-hundred day simple moving average of $46.36. The company has a market cap of $249.77 million, a P/E ratio of 19.21 and a beta of 0.86. Victoryshares Dividend Accelerator ETF has a fifty-two week low of $41.26 and a fifty-two week high of $50.36.

Victoryshares Dividend Accelerator ETF Announces Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 13th. Shareholders of record on Tuesday, March 12th were given a $0.1479 dividend. The ex-dividend date of this dividend was Monday, March 11th. This represents a $1.77 dividend on an annualized basis and a dividend yield of 3.62%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VSDA. Great Valley Advisor Group Inc. raised its position in shares of Victoryshares Dividend Accelerator ETF by 15.4% in the fourth quarter. Great Valley Advisor Group Inc. now owns 291,750 shares of the company’s stock worth $13,881,000 after acquiring an additional 38,951 shares during the period. Jane Street Group LLC raised its position in shares of Victoryshares Dividend Accelerator ETF by 447.4% during the 1st quarter. Jane Street Group LLC now owns 42,402 shares of the company’s stock worth $1,961,000 after purchasing an additional 34,656 shares during the last quarter. LPL Financial LLC raised its position in shares of Victoryshares Dividend Accelerator ETF by 8.9% during the 3rd quarter. LPL Financial LLC now owns 312,999 shares of the company’s stock worth $13,587,000 after purchasing an additional 25,526 shares during the last quarter. Pinnacle Financial Partners Inc raised its position in shares of Victoryshares Dividend Accelerator ETF by 6.5% during the 4th quarter. Pinnacle Financial Partners Inc now owns 354,728 shares of the company’s stock worth $16,878,000 after purchasing an additional 21,788 shares during the last quarter. Finally, DDD Partners LLC raised its position in shares of Victoryshares Dividend Accelerator ETF by 35.8% during the 4th quarter. DDD Partners LLC now owns 77,841 shares of the company’s stock worth $3,704,000 after purchasing an additional 20,511 shares during the last quarter.

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.