Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Down 95.5% in April

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) was the recipient of a significant drop in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a drop of 95.5% from the March 31st total of 2,200 shares. Based on an average trading volume of 23,900 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On Victoryshares Dividend Accelerator ETF

Hedge funds have recently added to or reduced their stakes in the company. Scarborough Advisors LLC acquired a new stake in Victoryshares Dividend Accelerator ETF in the fourth quarter valued at approximately $125,000. Landmark Wealth Management LLC boosted its position in shares of Victoryshares Dividend Accelerator ETF by 4.0% during the fourth quarter. Landmark Wealth Management LLC now owns 6,737 shares of the company’s stock valued at $321,000 after buying an additional 259 shares during the last quarter. Allworth Financial LP purchased a new position in shares of Victoryshares Dividend Accelerator ETF during the third quarter valued at approximately $357,000. International Assets Investment Management LLC purchased a new position in shares of Victoryshares Dividend Accelerator ETF during the fourth quarter valued at approximately $566,000. Finally, KLR Investment Advisors LLC purchased a new position in shares of Victoryshares Dividend Accelerator ETF during the first quarter valued at approximately $754,000.

Victoryshares Dividend Accelerator ETF Stock Performance

Shares of Victoryshares Dividend Accelerator ETF stock opened at $48.56 on Friday. Victoryshares Dividend Accelerator ETF has a 52 week low of $41.26 and a 52 week high of $50.36. The stock has a 50 day moving average price of $48.94 and a two-hundred day moving average price of $46.77. The stock has a market capitalization of $240.36 million, a PE ratio of 21.62 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Monday, April 15th. Shareholders of record on Friday, April 12th were paid a $0.0705 dividend. The ex-dividend date was Thursday, April 11th. This represents a $0.85 dividend on an annualized basis and a yield of 1.74%.

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.