VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Large Increase in Short Interest

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,330,000 shares, a growth of 75.6% from the January 31st total of 757,400 shares. Based on an average daily volume of 1,028,900 shares, the short-interest ratio is presently 1.3 days.

VictoryShares Free Cash Flow ETF Stock Down 1.9 %

NASDAQ:VFLO opened at $34.64 on Tuesday. VictoryShares Free Cash Flow ETF has a 1-year low of $30.01 and a 1-year high of $37.04. The stock has a fifty day simple moving average of $35.23 and a 200 day simple moving average of $34.42. The firm has a market capitalization of $2.15 billion, a price-to-earnings ratio of 14.45 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently announced a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were paid a dividend of $0.0486 per share. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous dividend of $0.01.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VFLO. FMR LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at approximately $31,000. Allworth Financial LP acquired a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter valued at approximately $47,000. Global Trust Asset Management LLC bought a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter worth approximately $57,000. Jones Financial Companies Lllp acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 4th quarter worth $59,000. Finally, Kestra Investment Management LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the 4th quarter valued at $62,000.

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.