VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) Sees Significant Decrease in Short Interest

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 15,405 shares, a decline of 36.7% from the April 15th total of 24,354 shares. Based on an average daily volume of 8,222 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.4% of the shares of the company are sold short.

VictoryShares Dividend Accelerator ETF Stock Down 0.2%

VictoryShares Dividend Accelerator ETF stock traded down $0.09 during trading hours on Tuesday, hitting $54.79. The stock had a trading volume of 831 shares, compared to its average volume of 10,984. The company has a 50-day moving average of $55.00 and a two-hundred day moving average of $54.73. VictoryShares Dividend Accelerator ETF has a fifty-two week low of $49.96 and a fifty-two week high of $59.18. The company has a market cap of $230.12 million, a PE ratio of 18.24 and a beta of 0.81.

VictoryShares Dividend Accelerator ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were given a dividend of $0.0702 per share. The ex-dividend date was Friday, May 8th. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%.

Institutional Investors Weigh In On VictoryShares Dividend Accelerator ETF

Institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC acquired a new position in shares of VictoryShares Dividend Accelerator ETF in the 4th quarter valued at $72,000. Empowered Funds LLC acquired a new position in VictoryShares Dividend Accelerator ETF in the fourth quarter worth about $97,000. Advisory Services Network LLC acquired a new position in VictoryShares Dividend Accelerator ETF in the third quarter worth about $117,000. Kestra Advisory Services LLC bought a new position in VictoryShares Dividend Accelerator ETF during the fourth quarter worth about $120,000. Finally, Rockefeller Capital Management L.P. lifted its stake in VictoryShares Dividend Accelerator ETF by 159.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 4,989 shares of the company’s stock worth $263,000 after purchasing an additional 3,065 shares during the period.

About VictoryShares Dividend Accelerator ETF

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.