VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Short Interest Down 63.7% in August

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 38,792 shares, a drop of 63.7% from the August 15th total of 106,892 shares. Based on an average daily trading volume, of 114,813 shares, the short-interest ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are short sold.

VictoryShares Free Cash Flow Growth ETF Price Performance

Shares of NASDAQ GFLW traded up $0.40 during mid-day trading on Friday, hitting $33.21. 92,096 shares of the company’s stock traded hands, compared to its average volume of 166,718. The company’s 50-day moving average is $33.28 and its two-hundred day moving average is $30.95. The company has a market capitalization of $923.24 million, a P/E ratio of 33.38 and a beta of 1.25. VictoryShares Free Cash Flow Growth ETF has a 1 year low of $25.00 and a 1 year high of $34.94.

VictoryShares Free Cash Flow Growth ETF Announces Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were paid a dividend of $0.1129 per share. This represents a c) annualized dividend and a yield of 4.1%. The ex-dividend date of this dividend was Wednesday, September 9th.

Institutional Investors Weigh In On VictoryShares Free Cash Flow Growth ETF

Several institutional investors have recently modified their holdings of GFLW. Integrated Wealth Concepts LLC purchased a new position in shares of VictoryShares Free Cash Flow Growth ETF in the 2nd quarter worth approximately $27,000. Kirkwood Financial Services purchased a new stake in VictoryShares Free Cash Flow Growth ETF during the 2nd quarter valued at $18,385,000. Triumph Capital Management lifted its position in VictoryShares Free Cash Flow Growth ETF by 358.1% in the second quarter. Triumph Capital Management now owns 66,395 shares of the company’s stock worth $2,276,000 after buying an additional 51,902 shares during the last quarter. M.E. Allison & CO. Inc. lifted its position in VictoryShares Free Cash Flow Growth ETF by 76.5% in the second quarter. M.E. Allison & CO. Inc. now owns 22,080 shares of the company’s stock worth $757,000 after buying an additional 9,570 shares during the last quarter. Finally, Parallel Advisors LLC lifted its position in VictoryShares Free Cash Flow Growth ETF by 585.2% in the first quarter. Parallel Advisors LLC now owns 144,322 shares of the company’s stock worth $3,795,000 after buying an additional 123,260 shares during the last quarter.

About VictoryShares Free Cash Flow Growth ETF

The VictoryShares Free Cash Flow Growth ETF (GFLW) is an exchange-traded fund that is based on the Victory Free Cash Flow Growth index. The fund tracks an index composed of 100 US large-cap growth companies selected based on positive free cash flow trend, earnings, and ROI. Holdings are weighted in the portfolio based on a combination of free cash flow and momentum. GFLW was launched on Dec 3, 2024 and is issued by VictoryShares.