Short Interest in VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Drops By 96.6%

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) saw a large decrease in short interest in December. As of December 15th, there was short interest totaling 20,275 shares, a decrease of 96.6% from the November 30th total of 597,815 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 117,574 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 117,574 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the company’s shares are sold short.

VictoryShares Free Cash Flow Growth ETF Price Performance

Shares of GFLW traded down $0.01 during mid-day trading on Friday, reaching $28.71. The stock had a trading volume of 10,744 shares, compared to its average volume of 148,094. VictoryShares Free Cash Flow Growth ETF has a 52-week low of $18.88 and a 52-week high of $29.60. The firm has a market cap of $639.37 million, a price-to-earnings ratio of 33.38 and a beta of 1.54. The business’s fifty day moving average is $28.40 and its 200 day moving average is $27.54.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GFLW. Smith Anglin Financial LLC increased its stake in VictoryShares Free Cash Flow Growth ETF by 5,134.2% during the second quarter. Smith Anglin Financial LLC now owns 2,911,463 shares of the company’s stock worth $76,542,000 after acquiring an additional 2,855,839 shares during the last quarter. Annex Advisory Services LLC increased its position in shares of VictoryShares Free Cash Flow Growth ETF by 30.9% during the 2nd quarter. Annex Advisory Services LLC now owns 6,766,265 shares of the company’s stock worth $177,885,000 after purchasing an additional 1,596,105 shares during the last quarter. HighTower Advisors LLC raised its holdings in VictoryShares Free Cash Flow Growth ETF by 91.1% in the 3rd quarter. HighTower Advisors LLC now owns 3,180,029 shares of the company’s stock valued at $91,205,000 after buying an additional 1,516,213 shares during the period. Miracle Mile Advisors LLC acquired a new position in VictoryShares Free Cash Flow Growth ETF in the third quarter valued at about $41,865,000. Finally, Victory Capital Management Inc. boosted its stake in VictoryShares Free Cash Flow Growth ETF by 4.3% during the third quarter. Victory Capital Management Inc. now owns 10,665,479 shares of the company’s stock worth $305,891,000 after buying an additional 440,000 shares during the period.

VictoryShares Free Cash Flow Growth ETF Company Profile

The VictoryShares Free Cash Flow Growth ETF (GFLW) is an exchange-traded fund that is based on the Victory Free Cash Flow Growth index. The fund tracks an index composed of 100 US large-cap growth companies selected based on positive free cash flow trend, earnings, and ROI. Holdings are weighted in the portfolio based on a combination of free cash flow and momentum. GFLW was launched on Dec 3, 2024 and is issued by VictoryShares.