VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) Sees Large Drop in Short Interest

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) was the target of a large decline in short interest in June. As of June 15th, there was short interest totaling 3,469 shares, a decline of 43.9% from the May 31st total of 6,183 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average trading volume of 18,177 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Investors Weigh In On VictoryShares International Free Cash Flow Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Victory Capital Management Inc. raised its holdings in VictoryShares International Free Cash Flow Growth ETF by 745.9% during the third quarter. Victory Capital Management Inc. now owns 3,468,284 shares of the company’s stock worth $94,667,000 after acquiring an additional 3,058,284 shares in the last quarter. Jane Street Group LLC bought a new position in VictoryShares International Free Cash Flow Growth ETF in the second quarter valued at approximately $968,000. Citadel Advisors LLC bought a new position in VictoryShares International Free Cash Flow Growth ETF in the third quarter valued at approximately $267,000. Finally, Sunbelt Securities Inc. acquired a new position in shares of VictoryShares International Free Cash Flow Growth ETF during the 3rd quarter worth approximately $123,000.

VictoryShares International Free Cash Flow Growth ETF Price Performance

Shares of NASDAQ GRIN opened at $33.10 on Friday. The company has a fifty day moving average price of $31.94 and a 200 day moving average price of $30.01. The firm has a market cap of $284.66 million, a PE ratio of -66.20 and a beta of 2.45. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 0.51. VictoryShares International Free Cash Flow Growth ETF has a 1-year low of $24.79 and a 1-year high of $34.54.

VictoryShares International Free Cash Flow Growth ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were given a dividend of $0.034 per share. This is an increase from VictoryShares International Free Cash Flow Growth ETF’s previous monthly dividend of $0.03. This represents a c) annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Tuesday, June 9th. VictoryShares International Free Cash Flow Growth ETF’s payout ratio is currently -34.00%.

About VictoryShares International Free Cash Flow Growth ETF

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities.