Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Decreases By 34.4%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a significant decrease in short interest in March. As of March 15th, there was short interest totalling 283,900 shares, a decrease of 34.4% from the February 28th total of 432,600 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 1,356,400 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in VFLO. Raymond James Financial Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF in the fourth quarter valued at about $36,524,000. Stifel Financial Corp boosted its position in VictoryShares Free Cash Flow ETF by 47.6% in the third quarter. Stifel Financial Corp now owns 31,728 shares of the company’s stock valued at $1,057,000 after buying an additional 10,235 shares during the last quarter. FMR LLC acquired a new position in VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $31,000. Bank of New York Mellon Corp raised its position in VictoryShares Free Cash Flow ETF by 46.9% during the 4th quarter. Bank of New York Mellon Corp now owns 12,402 shares of the company’s stock worth $423,000 after buying an additional 3,961 shares during the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in VictoryShares Free Cash Flow ETF by 49.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 12,530 shares of the company’s stock valued at $427,000 after acquiring an additional 4,168 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO stock opened at $34.10 on Monday. The stock’s fifty day moving average price is $35.20 and its 200 day moving average price is $34.71. VictoryShares Free Cash Flow ETF has a 1-year low of $30.19 and a 1-year high of $37.04. The company has a market cap of $2.12 billion, a price-to-earnings ratio of 14.26 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 11th. Investors of record on Monday, March 10th were paid a $0.0638 dividend. The ex-dividend date was Monday, March 10th. This is a boost from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05.

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.