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 December. As of December 31st, there was short interest totaling 321,991 shares, a growth of 24.5% from the December 15th total of 258,531 shares. Based on an average daily volume of 725,564 shares, the short-interest ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are sold short. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 725,564 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Weil Company Inc. grew its holdings in shares of VictoryShares Free Cash Flow ETF by 3.7% in the fourth quarter. Weil Company Inc. now owns 238,974 shares of the company’s stock valued at $9,411,000 after purchasing an additional 8,538 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in shares of VictoryShares Free Cash Flow ETF by 11.3% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 48,039 shares of the company’s stock worth $1,892,000 after acquiring an additional 4,876 shares during the period. Tradewinds Capital Management LLC purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth $114,000. M.E. Allison & CO. Inc. raised its stake in shares of VictoryShares Free Cash Flow ETF by 12.5% in the fourth quarter. M.E. Allison & CO. Inc. now owns 31,222 shares of the company’s stock valued at $1,230,000 after acquiring an additional 3,470 shares in the last quarter. Finally, Tactive Advisors LLC purchased a new position in VictoryShares Free Cash Flow ETF in the fourth quarter valued at $211,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of NASDAQ VFLO traded down $0.53 during trading on Friday, reaching $39.61. The stock had a trading volume of 1,786,833 shares, compared to its average volume of 1,372,458. The company has a market cap of $5.78 billion, a P/E ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a fifty-two week low of $29.48 and a fifty-two week high of $40.67. The business’s 50-day moving average price is $39.17 and its 200-day moving average price is $37.57.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were given a $0.1502 dividend. The ex-dividend date of this dividend was Thursday, December 11th. This represents a c) annualized dividend and a yield of 4.5%. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02.

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.