VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Sees Large Decline in Short Interest

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 38,792 shares, a drop of 63.7% from the August 15th total of 106,892 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 114,813 shares, the short-interest ratio is presently 0.3 days.

VictoryShares Free Cash Flow Growth ETF Stock Down 0.5%

GFLW stock traded down $0.15 during trading on Tuesday, hitting $32.88. The company had a trading volume of 177,256 shares, compared to its average volume of 166,471. The firm has a 50-day moving average price of $33.27 and a 200-day moving average price of $31.02. VictoryShares Free Cash Flow Growth ETF has a 12 month low of $25.00 and a 12 month high of $34.94. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 33.38 and a beta of 1.25.

VictoryShares Free Cash Flow Growth ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were given a dividend of $0.1129 per share. The ex-dividend date was Wednesday, September 9th. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%.

Hedge Funds Weigh In On VictoryShares Free Cash Flow Growth ETF

Several hedge funds have recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new stake in shares of VictoryShares Free Cash Flow Growth ETF during the 2nd quarter worth approximately $27,000. Kirkwood Financial Services acquired a new stake in shares of VictoryShares Free Cash Flow Growth ETF during the second quarter worth $18,385,000. Triumph Capital Management grew its stake in shares of VictoryShares Free Cash Flow Growth ETF by 358.1% during the second quarter. Triumph Capital Management now owns 66,395 shares of the company’s stock worth $2,276,000 after purchasing an additional 51,902 shares during the period. M.E. Allison & CO. Inc. increased its holdings in VictoryShares Free Cash Flow Growth ETF by 76.5% in the second quarter. M.E. Allison & CO. Inc. now owns 22,080 shares of the company’s stock valued at $757,000 after purchasing an additional 9,570 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in VictoryShares Free Cash Flow Growth ETF by 585.2% in the first quarter. Parallel Advisors LLC now owns 144,322 shares of the company’s stock valued at $3,795,000 after purchasing an additional 123,260 shares during the last quarter.

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.