Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Grows By 75.0%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a significant increase in short interest in 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 trading volume of 492,200 shares, the short-interest ratio is currently 1.0 days.

Institutional Trading of VictoryShares Free Cash Flow ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Raymond James & Associates boosted its holdings in VictoryShares Free Cash Flow ETF by 61.4% during the second quarter. Raymond James & Associates now owns 69,155 shares of the company’s stock worth $2,138,000 after purchasing an additional 26,303 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of VictoryShares Free Cash Flow ETF by 352.5% in the 2nd quarter. Commonwealth Equity Services LLC now owns 186,945 shares of the company’s stock worth $5,780,000 after buying an additional 145,630 shares during the last quarter. DDD Partners LLC bought a new position in shares of VictoryShares Free Cash Flow ETF in the second quarter valued at approximately $1,697,000. Private Advisor Group LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at approximately $613,000. Finally, Ausdal Financial Partners Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at approximately $658,000.

VictoryShares Free Cash Flow ETF Trading Up 0.1 %

VFLO opened at $34.38 on Friday. VictoryShares Free Cash Flow ETF has a 1-year low of $27.58 and a 1-year high of $37.04. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75. The company’s fifty day moving average price is $34.93 and its two-hundred day moving average price is $33.11.

VictoryShares Free Cash Flow ETF Cuts Dividend

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

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.