Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) Short Interest Up 800.0% in December

Victoryshares Dividend Accelerator ETF (NASDAQ:VSDA) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 4,500 shares, a growth of 800.0% from the November 30th total of 500 shares. Based on an average daily volume of 17,700 shares, the short-interest ratio is presently 0.3 days.

Victoryshares Dividend Accelerator ETF Stock Performance

Shares of NASDAQ:VSDA opened at $51.51 on Thursday. The firm has a 50 day simple moving average of $53.18 and a 200 day simple moving average of $51.59. Victoryshares Dividend Accelerator ETF has a 52 week low of $46.50 and a 52 week high of $55.25. The company has a market cap of $254.97 million, a PE ratio of 21.70 and a beta of 0.86.

Victoryshares Dividend Accelerator ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 13th. Stockholders of record on Thursday, December 12th were given a $0.3094 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Cornerstone Wealth Management LLC acquired a new stake in shares of Victoryshares Dividend Accelerator ETF during the 3rd quarter valued at $216,000. Integrated Advisors Network LLC boosted its position in Victoryshares Dividend Accelerator ETF by 28.2% during the third quarter. Integrated Advisors Network LLC now owns 5,472 shares of the company’s stock worth $291,000 after purchasing an additional 1,203 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of Victoryshares Dividend Accelerator ETF by 104.9% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 42,363 shares of the company’s stock valued at $2,047,000 after purchasing an additional 21,692 shares during the period. Gladstone Institutional Advisory LLC lifted its stake in shares of Victoryshares Dividend Accelerator ETF by 1.5% in the third quarter. Gladstone Institutional Advisory LLC now owns 84,719 shares of the company’s stock worth $4,501,000 after buying an additional 1,272 shares during the last quarter. Finally, DDD Partners LLC boosted its holdings in shares of Victoryshares Dividend Accelerator ETF by 3.2% during the 2nd quarter. DDD Partners LLC now owns 87,924 shares of the company’s stock worth $4,248,000 after buying an additional 2,751 shares during the period.

About Victoryshares Dividend Accelerator ETF

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.