VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Large Growth in Short Interest

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 127,800 shares, a growth of 277.0% from the August 15th total of 33,900 shares. Based on an average daily volume of 1,052,700 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 1,052,700 shares, the short-interest ratio is currently 0.1 days.

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Osaic Holdings Inc. raised its position in VictoryShares Free Cash Flow ETF by 16.7% in the 2nd quarter. Osaic Holdings Inc. now owns 829,290 shares of the company’s stock valued at $29,324,000 after buying an additional 118,893 shares during the last quarter. Orion Porfolio Solutions LLC raised its position in VictoryShares Free Cash Flow ETF by 48.8% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 700,609 shares of the company’s stock valued at $24,767,000 after buying an additional 229,633 shares during the last quarter. B. Riley Wealth Advisors Inc. acquired a new stake in VictoryShares Free Cash Flow ETF in the 2nd quarter valued at approximately $290,000. Tower Research Capital LLC TRC raised its position in VictoryShares Free Cash Flow ETF by 55,361.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 22,739 shares of the company’s stock valued at $804,000 after buying an additional 22,698 shares during the last quarter. Finally, Equitable Holdings Inc. raised its position in VictoryShares Free Cash Flow ETF by 43.0% in the 2nd quarter. Equitable Holdings Inc. now owns 85,495 shares of the company’s stock valued at $3,022,000 after buying an additional 25,702 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VictoryShares Free Cash Flow ETF stock opened at $37.50 on Friday. The business’s 50 day simple moving average is $36.04 and its 200 day simple moving average is $34.65. VictoryShares Free Cash Flow ETF has a 52-week low of $29.48 and a 52-week high of $37.91. The firm has a market cap of $4.62 billion, a PE ratio of 13.70 and a beta of 0.94.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, September 9th. Investors of record on Monday, September 8th were given a $0.1465 dividend. The ex-dividend date of this dividend was Monday, September 8th. This represents a c) dividend on an annualized basis and a yield of 4.7%. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.00.

VictoryShares Free Cash Flow ETF Company Profile

The VictoryShares Free Cash Flow ETF (VFLO) is an exchange-traded fund that is based on the Victory US Large Cap Free Cash Flow index. The fund tracks an index composed of the largest U.S. companies based on profit that are perceived to have strong free cash flow yields and high growth metrics VFLO was launched on Jun 21, 2023 and is managed by VictoryShares.