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

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 100 shares, a decline 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 Trading of Victoryshares Dividend Accelerator ETF

Several hedge funds have recently bought and sold shares of the stock. Scarborough Advisors LLC purchased a new position in shares of Victoryshares Dividend Accelerator ETF in the fourth quarter valued at about $125,000. Landmark Wealth Management LLC lifted its position in shares of Victoryshares Dividend Accelerator ETF by 4.0% in the fourth quarter. Landmark Wealth Management LLC now owns 6,737 shares of the company’s stock valued at $321,000 after acquiring an additional 259 shares in the last quarter. Allworth Financial LP purchased a new position in shares of Victoryshares Dividend Accelerator ETF in the third quarter valued at about $357,000. International Assets Investment Management LLC purchased a new position in shares of Victoryshares Dividend Accelerator ETF in the fourth quarter valued at about $566,000. Finally, KLR Investment Advisors LLC purchased a new position in shares of Victoryshares Dividend Accelerator ETF in the first quarter valued at about $754,000.

Victoryshares Dividend Accelerator ETF Price Performance

Shares of VSDA opened at $48.56 on Friday. The business has a fifty day moving average of $48.94 and a 200 day moving average of $46.77. Victoryshares Dividend Accelerator ETF has a one year low of $41.26 and a one year high of $50.36. The firm has a market capitalization of $240.36 million, a P/E ratio of 21.62 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Dividend Announcement

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

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.