VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Update

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 487,600 shares, an increase of 75.0% from the November 30th total of 278,600 shares. Based on an average daily volume of 492,200 shares, the days-to-cover ratio is currently 1.0 days.

Hedge Funds Weigh In On VictoryShares Free Cash Flow ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. FMR LLC bought a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter worth about $31,000. Stifel Financial Corp boosted its position in VictoryShares Free Cash Flow ETF by 47.6% during the third quarter. Stifel Financial Corp now owns 31,728 shares of the company’s stock valued at $1,057,000 after purchasing an additional 10,235 shares during the last quarter. StoneX Group Inc. grew its stake in VictoryShares Free Cash Flow ETF by 1,903.2% in the third quarter. StoneX Group Inc. now owns 481,324 shares of the company’s stock valued at $16,028,000 after purchasing an additional 457,296 shares in the last quarter. Sequent Asset Management LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $324,000. Finally, Thoroughbred Financial Services LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $209,000.

VictoryShares Free Cash Flow ETF Stock Up 0.1 %

Shares of VictoryShares Free Cash Flow ETF stock opened at $34.38 on Friday. The business has a fifty day simple moving average of $34.93 and a 200 day simple moving average of $33.11. The stock has a market cap of $1.14 billion, a PE ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a 12 month low of $27.58 and a 12 month high of $37.04.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, December 27th. Stockholders of record on Thursday, December 26th will be issued a dividend of $0.0087 per share. The ex-dividend date of this dividend is Thursday, December 26th.

About VictoryShares Free Cash Flow ETF

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.