VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Stock Short Interest Declines 86.9%

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 1,099 shares, a decrease of 86.9% from the August 31st total of 8,386 shares. Based on an average daily trading volume, of 25,859 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Institutional Investors Weigh In On VictoryShares WestEnd Global Equity ETF

Several hedge funds have recently modified their holdings of GLOW. Cary Street Partners Financial LLC boosted its stake in shares of VictoryShares WestEnd Global Equity ETF by 21.5% during the fourth quarter. Cary Street Partners Financial LLC now owns 8,490 shares of the company’s stock valued at $262,000 after purchasing an additional 1,500 shares in the last quarter. Citadel Advisors LLC raised its stake 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 worth $278,000 after buying an additional 410 shares in the last quarter. Royal Bank of Canada lifted its holdings in VictoryShares WestEnd Global Equity ETF by 222.9% during 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 lifted its holdings in VictoryShares WestEnd Global Equity ETF by 5.0% during the first quarter. Sanctuary Advisors LLC now owns 36,289 shares of the company’s stock worth $1,095,000 after buying an additional 1,737 shares during the period. 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 acquiring an additional 2,299 shares in the last quarter. Hedge funds and other institutional investors own 1.59% of the company’s stock.

VictoryShares WestEnd Global Equity ETF Trading Up 0.5%

Shares of VictoryShares WestEnd Global Equity ETF stock traded up $0.19 during trading on Friday, hitting $34.90. 5,786 shares of the stock traded hands, compared to its average volume of 11,843. The stock’s fifty day simple moving average is $34.86 and its 200 day simple moving average is $33.52. The firm has a market cap of $76.08 million, a P/E ratio of -85.12 and a beta of 0.82. VictoryShares WestEnd Global Equity ETF has a 52-week low of $29.27 and a 52-week high of $35.58.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a dividend of $0.1411 per share. This is a positive change from VictoryShares WestEnd Global Equity ETF’s previous monthly dividend of $0.0277. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $1.69 dividend on an annualized basis and a yield of 4.9%. VictoryShares WestEnd Global Equity ETF’s payout ratio is -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.