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

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the target of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 8,386 shares, a growth of 475.2% from the August 15th total of 1,458 shares. Approximately 0.5% of the company’s shares are sold short. Based on an average daily volume of 5,527 shares, the short-interest ratio is currently 1.5 days.

Hedge Funds Weigh In On VictoryShares WestEnd Global Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Citadel Advisors LLC lifted its position in VictoryShares WestEnd Global Equity ETF by 5.4% in the second quarter. Citadel Advisors LLC now owns 8,025 shares of the company’s stock valued at $278,000 after purchasing an additional 410 shares during the last quarter. Royal Bank of Canada increased its stake in shares of VictoryShares WestEnd Global Equity ETF by 222.9% in the first quarter. Royal Bank of Canada now owns 10,282 shares of the company’s stock worth $310,000 after buying an additional 7,098 shares during the period. Sanctuary Advisors LLC raised its holdings in VictoryShares WestEnd Global Equity ETF by 5.0% during the 1st quarter. Sanctuary Advisors LLC now owns 36,289 shares of the company’s stock valued at $1,095,000 after buying an additional 1,737 shares during the last quarter. Janney Montgomery Scott LLC bought a new stake in VictoryShares WestEnd Global Equity ETF during the 1st quarter valued at $2,343,000. Finally, Kestra Private Wealth Services LLC boosted its position in VictoryShares WestEnd Global Equity ETF by 6.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 36,835 shares of the company’s stock valued at $1,112,000 after buying an additional 2,299 shares during the period. 1.59% of the stock is currently owned by institutional investors.

VictoryShares WestEnd Global Equity ETF Trading Up 0.7%

Shares of NASDAQ:GLOW traded up $0.23 on Friday, reaching $34.81. 1,377 shares of the company traded hands, compared to its average volume of 10,840. The business’s 50-day simple moving average is $34.80 and its 200 day simple moving average is $33.30. VictoryShares WestEnd Global Equity ETF has a 52 week low of $29.27 and a 52 week high of $35.58. The stock has a market capitalization of $64.75 million, a P/E ratio of -84.90 and a beta of 0.82.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were issued a dividend of $0.1411 per share. The ex-dividend date was Thursday, July 9th. This represents a c) annualized dividend and a yield of 4.9%. This is a boost from VictoryShares WestEnd Global Equity ETF’s previous monthly dividend of $0.03. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio (DPR) is currently -102.44%.

About VictoryShares WestEnd Global Equity ETF

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.