VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) Shares Shorted: Short Interest Down 41.5% in September

VictoryShares Dividend Accelerator ETF (NASDAQ:VSDA) saw a significant decline in short interest in September. As of September 15th, there was short interest totaling 11,131 shares, a decline of 41.5% from the August 31st total of 19,027 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 5,290 shares, the short-interest ratio is currently 2.1 days.

Institutional Investors Weigh In On VictoryShares Dividend Accelerator ETF

Several large investors have recently added to or reduced their stakes in VSDA. Western Wealth Management LLC purchased a new position in VictoryShares Dividend Accelerator ETF during the first quarter worth about $51,000. Rockefeller Capital Management L.P. increased its stake in VictoryShares Dividend Accelerator ETF by 159.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 4,989 shares of the company’s stock worth $263,000 after acquiring an additional 3,065 shares during the last quarter. NewEdge Advisors LLC purchased a new stake in shares of VictoryShares Dividend Accelerator ETF in the 2nd quarter valued at about $428,000. Finally, Citadel Advisors LLC raised its holdings in shares of 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 in the last quarter.

VictoryShares Dividend Accelerator ETF Stock Performance

NASDAQ VSDA traded down $0.14 on Wednesday, hitting $56.47. The stock had a trading volume of 6,737 shares, compared to its average volume of 12,719. VictoryShares Dividend Accelerator ETF has a 52-week low of $51.14 and a 52-week high of $61.22. The company has a market capitalization of $208.94 million, a price-to-earnings ratio of 18.24 and a beta of 0.77. The firm has a 50-day moving average of $59.17 and a 200-day moving average of $57.08.

VictoryShares Dividend Accelerator ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were issued a $0.1846 dividend. The ex-dividend date of this dividend was Wednesday, September 9th. This is an increase from VictoryShares Dividend Accelerator ETF’s previous monthly dividend of $0.0364. This represents a $2.22 annualized dividend and a dividend yield of 3.9%.

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.