VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Short Interest Update

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) saw a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 7,878 shares, a growth of 82.8% from the June 30th total of 4,309 shares. Based on an average daily volume of 13,745 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Citadel Advisors LLC purchased a new position in VictoryShares WestEnd Global Equity ETF in the third quarter worth about $232,000. DAVENPORT & Co LLC purchased a new stake in VictoryShares WestEnd Global Equity ETF during the fourth quarter valued at approximately $223,000. CWM LLC purchased a new stake in VictoryShares WestEnd Global Equity ETF during the fourth quarter valued at approximately $24,143,000. Sanctuary Advisors LLC lifted its stake in shares of VictoryShares WestEnd Global Equity ETF by 34.2% in the 4th quarter. Sanctuary Advisors LLC now owns 34,552 shares of the company’s stock valued at $1,065,000 after purchasing an additional 8,797 shares during the last quarter. Finally, Kestra Private Wealth Services LLC bought a new stake in shares of VictoryShares WestEnd Global Equity ETF in the 4th quarter valued at approximately $1,065,000. Institutional investors own 1.59% of the company’s stock.

VictoryShares WestEnd Global Equity ETF Stock Down 0.2%

VictoryShares WestEnd Global Equity ETF stock opened at $34.15 on Friday. The company has a market cap of $63.18 million, a price-to-earnings ratio of -83.29 and a beta of 0.81. The firm’s fifty day moving average is $34.18 and its 200 day moving average is $32.59. VictoryShares WestEnd Global Equity ETF has a 52-week low of $27.98 and a 52-week high of $34.89.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were issued a $0.1411 dividend. This is a boost from VictoryShares WestEnd Global Equity ETF’s previous dividend of $0.03. The ex-dividend date was Thursday, July 9th. VictoryShares WestEnd Global Equity ETF’s payout ratio is presently -102.44%.

VictoryShares WestEnd Global Equity ETF Company Profile

The VictoryShares WestEnd Global Equity ETF (GLOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in equity ETFs. Selection is based on various macroeconomic indicators and key ETF factors. GLOW was launched on Jun 20, 2024 and is issued by VictoryShares.