Short Interest in Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Rises By 25.2%

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 12,900 shares, a growth of 25.2% from the May 31st total of 10,300 shares. Based on an average daily volume of 12,900 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Pinnacle Financial Partners Inc grew its position in 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. LPL Financial LLC grew its position in 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. Great Valley Advisor Group Inc. grew its position in Victoryshares Dividend Accelerator ETF by 15.4% during the 4th quarter. Great Valley Advisor Group Inc. now owns 291,750 shares of the company’s stock worth $13,881,000 after purchasing an additional 38,951 shares during the last quarter. Investors Research Corp grew its position in Victoryshares Dividend Accelerator ETF by 3.8% during the 4th quarter. Investors Research Corp now owns 183,645 shares of the company’s stock worth $8,738,000 after purchasing an additional 6,744 shares during the last quarter. Finally, Stifel Financial Corp boosted its holdings in shares of Victoryshares Dividend Accelerator ETF by 1.8% in the third quarter. Stifel Financial Corp now owns 85,244 shares of the company’s stock valued at $3,700,000 after acquiring an additional 1,535 shares in the last quarter.

Victoryshares Dividend Accelerator ETF Stock Performance

Shares of Victoryshares Dividend Accelerator ETF stock opened at $48.32 on Friday. Victoryshares Dividend Accelerator ETF has a 1 year low of $41.26 and a 1 year high of $50.36. The company has a market capitalization of $311.65 million, a P/E ratio of 21.70 and a beta of 0.86. The company’s fifty day moving average is $48.81 and its two-hundred day moving average is $48.37.

Victoryshares Dividend Accelerator ETF Dividend Announcement

The firm also recently disclosed a monthly dividend, which was paid on Thursday, June 13th. Shareholders of record on Wednesday, June 12th were given a dividend of $0.1442 per share. This represents a $1.73 annualized dividend and a yield of 3.58%. The ex-dividend date was Wednesday, June 12th.

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.