Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Declines By 34.3%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a large decrease in short interest in July. As of July 15th, there was short interest totaling 242,774 shares, a decrease of 34.3% from the June 30th total of 369,761 shares. Based on an average daily trading volume, of 1,206,526 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are short sold.

Institutional Trading of VictoryShares Free Cash Flow ETF

Institutional investors have recently added to or reduced their stakes in the business. Kingdom Financial Group LLC. acquired a new position in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth about $25,000. Geneos Wealth Management Inc. raised its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after buying an additional 750 shares during the period. Zions Bancorporation National Association UT acquired a new position in VictoryShares Free Cash Flow ETF during the 4th quarter worth approximately $52,000. Assetmark Inc. boosted its holdings in VictoryShares Free Cash Flow ETF by 80.4% in the 1st quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock worth $53,000 after acquiring an additional 602 shares during the period. Finally, Silver Grove Financial Group Inc. acquired a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter valued at approximately $60,000.

VictoryShares Free Cash Flow ETF Stock Down 1.2%

Shares of VFLO opened at $49.62 on Friday. The firm has a market cap of $8.89 billion, a PE ratio of 13.70 and a beta of 0.85. The company’s fifty day moving average is $46.71 and its two-hundred day moving average is $42.71. VictoryShares Free Cash Flow ETF has a fifty-two week low of $34.11 and a fifty-two week high of $50.67.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a $0.0249 dividend. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) annualized dividend and a dividend yield of 0.6%.

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.