VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) Shares Shorted: Short Interest Down 82.7% in October

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) was the recipient of a significant drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,187 shares, a drop of 82.7% from the September 30th total of 6,875 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 15,287 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On VictoryShares Dividend Accelerator ETF

Several institutional investors have recently made changes to their positions in VSDA. NewEdge Advisors LLC purchased a new stake in VictoryShares Dividend Accelerator ETF in the 2nd quarter worth about $428,000. Citadel Advisors LLC grew its position in VictoryShares Dividend Accelerator ETF by 16.1% in the 2nd quarter. Citadel Advisors LLC now owns 29,241 shares of the company’s stock valued at $1,701,000 after acquiring an additional 4,047 shares during the last quarter. Western Wealth Management LLC bought a new position in VictoryShares Dividend Accelerator ETF in the 1st quarter valued at $51,000. Finally, Rockefeller Capital Management L.P. boosted its stake in shares of 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 valued at $263,000 after purchasing an additional 3,065 shares during the period.

VictoryShares Dividend Accelerator ETF Price Performance

NASDAQ VSDA opened at $59.34 on Wednesday. The stock has a market capitalization of $222.51 million, a PE ratio of 18.24 and a beta of 0.77. The business has a 50 day simple moving average of $58.38 and a two-hundred day simple moving average of $57.10. VictoryShares Dividend Accelerator ETF has a 1-year low of $51.14 and a 1-year high of $61.22.

VictoryShares Dividend Accelerator ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were given a dividend of $0.1221 per share. The ex-dividend date was Thursday, October 8th. This represents a $1.46 annualized dividend and a dividend yield of 2.5%. This is a negative change from VictoryShares Dividend Accelerator ETF’s previous monthly dividend of $0.1846.

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.