Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Decreases By 34.3%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a significant decrease in short interest in the month of July. As of July 15th, there was short interest totaling 242,774 shares, a decrease of 34.3% from the June 30th total of 369,761 shares. Based on an average daily volume of 1,206,526 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of VictoryShares Free Cash Flow ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE increased its holdings in VictoryShares Free Cash Flow ETF by 10.3% in the 1st quarter. Bank of America Corp DE now owns 15,967,468 shares of the company’s stock worth $630,396,000 after acquiring an additional 1,489,192 shares during the last quarter. LPL Financial LLC boosted its position in shares of VictoryShares Free Cash Flow ETF by 11.3% during the 4th quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock valued at $483,588,000 after acquiring an additional 1,249,407 shares during the last quarter. Morgan Stanley lifted its position in VictoryShares Free Cash Flow ETF by 22.1% during the fourth quarter. Morgan Stanley now owns 11,931,199 shares of the company’s stock valued at $469,851,000 after purchasing an additional 2,158,181 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in VictoryShares Free Cash Flow ETF by 9.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,399,957 shares of the company’s stock valued at $291,410,000 after acquiring an additional 659,124 shares during the last quarter. Finally, Wells Fargo & Company MN raised its holdings in shares of VictoryShares Free Cash Flow ETF by 17.4% during the 4th quarter. Wells Fargo & Company MN now owns 6,226,521 shares of the company’s stock valued at $245,200,000 after buying an additional 921,401 shares in the last quarter.

VictoryShares Free Cash Flow ETF Trading Up 0.2%

NASDAQ VFLO opened at $49.74 on Friday. The company has a market cap of $9.01 billion, a P/E ratio of 13.70 and a beta of 0.85. The company has a fifty day simple moving average of $46.82 and a 200 day simple moving average of $42.76. VictoryShares Free Cash Flow ETF has a 12-month low of $34.11 and a 12-month high of $50.67.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were issued a dividend of $0.0249 per share. The ex-dividend date was Thursday, July 9th. This represents a c) annualized dividend and a yield of 0.6%.

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.