VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Down 77.4% in July

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) was the target of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 14,207 shares, a decrease of 77.4% from the June 30th total of 62,861 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 13,177 shares, the days-to-cover ratio is presently 1.1 days.

Institutional Trading of VictoryShares Dividend Accelerator ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Western Wealth Management LLC bought a new stake in VictoryShares Dividend Accelerator ETF in the first quarter worth about $51,000. Farther Finance Advisors LLC purchased a new position in shares of VictoryShares Dividend Accelerator ETF in the 4th quarter valued at about $72,000. Empowered Funds LLC acquired a new stake in VictoryShares Dividend Accelerator ETF in the 4th quarter valued at about $97,000. Advisory Services Network LLC acquired a new position in shares of VictoryShares Dividend Accelerator ETF in the 3rd quarter worth approximately $117,000. Finally, Kestra Advisory Services LLC purchased a new position in VictoryShares Dividend Accelerator ETF in the fourth quarter valued at $120,000.

VictoryShares Dividend Accelerator ETF Stock Up 1.5%

NASDAQ:VSDA traded up $0.89 during midday trading on Friday, hitting $58.80. The company had a trading volume of 3,256 shares, compared to its average volume of 10,769. The stock’s fifty day moving average price is $56.97 and its 200-day moving average price is $56.22. VictoryShares Dividend Accelerator ETF has a 52-week low of $51.14 and a 52-week high of $59.54. The company has a market capitalization of $244.02 million, a PE ratio of 18.24 and a beta of 0.78.

VictoryShares Dividend Accelerator ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were given a dividend of $0.1791 per share. This is a positive change from VictoryShares Dividend Accelerator ETF’s previous dividend of $0.14. The ex-dividend date of this dividend was Thursday, July 9th.

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.