VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) Short Interest Update

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 6,183 shares, a growth of 247.2% from the May 14th total of 1,781 shares. Based on an average daily volume of 16,106 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.1% of the shares of the stock are sold short.

VictoryShares International Free Cash Flow Growth ETF Price Performance

Shares of GRIN traded up $1.94 during midday trading on Thursday, reaching $32.31. The stock had a trading volume of 71,766 shares, compared to its average volume of 40,680. The company’s 50-day moving average is $30.82 and its 200 day moving average is $29.35. VictoryShares International Free Cash Flow Growth ETF has a 12-month low of $24.79 and a 12-month high of $32.86. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $277.87 million, a price-to-earnings ratio of -64.62 and a beta of 2.47.

VictoryShares International Free Cash Flow Growth ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were issued a $0.034 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Tuesday, June 9th. This is an increase from VictoryShares International Free Cash Flow Growth ETF’s previous monthly dividend of $0.03. VictoryShares International Free Cash Flow Growth ETF’s dividend payout ratio (DPR) is currently -28.00%.

Institutional Investors Weigh In On VictoryShares International Free Cash Flow Growth ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Sunbelt Securities Inc. bought a new stake in shares of VictoryShares International Free Cash Flow Growth ETF in the 3rd quarter valued at about $123,000. Jane Street Group LLC lifted its stake in shares of VictoryShares International Free Cash Flow Growth ETF by 49.4% in the 4th quarter. Jane Street Group LLC now owns 23,753 shares of the company’s stock valued at $656,000 after acquiring an additional 7,854 shares during the last quarter. Citadel Advisors LLC bought a new stake in shares of VictoryShares International Free Cash Flow Growth ETF in the 3rd quarter valued at about $267,000. Finally, Victory Capital Management Inc. lifted its stake in shares of VictoryShares International Free Cash Flow Growth ETF by 78.7% in the 4th quarter. Victory Capital Management Inc. now owns 6,198,468 shares of the company’s stock valued at $171,274,000 after acquiring an additional 2,730,184 shares during the last quarter.

VictoryShares International Free Cash Flow Growth ETF Company Profile

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities.