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

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) saw a significant growth in short interest in 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 trading volume of 1,028,900 shares, the short-interest ratio is presently 1.3 days.

Hedge Funds Weigh In On VictoryShares Free Cash Flow ETF

Several hedge funds and other institutional investors have recently modified their holdings of VFLO. FMR LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at about $31,000. Allworth Financial LP purchased a new position in shares of VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $47,000. Global Trust Asset Management LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $57,000. Jones Financial Companies Lllp purchased a new position in shares of VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $59,000. Finally, Kestra Investment Management LLC purchased a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter worth about $62,000.

VictoryShares Free Cash Flow ETF Stock Down 0.2 %

NASDAQ:VFLO traded down $0.09 during midday trading on Monday, hitting $35.24. The company had a trading volume of 499,903 shares, compared to its average volume of 1,433,250. VictoryShares Free Cash Flow ETF has a 52-week low of $30.01 and a 52-week high of $37.04. The stock’s fifty day moving average price is $35.23 and its 200-day moving average price is $34.42. The company has a market capitalization of $2.19 billion, a PE ratio of 14.45 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were paid a $0.0486 dividend. The ex-dividend date was Friday, February 7th. This is an increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.01.

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.