Short Interest in VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Declines By 64.0%

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLWGet Free Report) was the target of a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 29,660 shares, a decline of 64.0% from the April 30th total of 82,436 shares. Based on an average daily trading volume, of 60,031 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are short sold.

VictoryShares Free Cash Flow Growth ETF Stock Up 1.6%

GFLW stock traded up $0.52 during midday trading on Monday, hitting $32.85. The company’s stock had a trading volume of 60,694 shares, compared to its average volume of 172,562. VictoryShares Free Cash Flow Growth ETF has a 12 month low of $24.77 and a 12 month high of $32.97. The firm has a market capitalization of $804.17 million, a price-to-earnings ratio of 33.38 and a beta of 1.21. The company has a 50 day moving average of $29.01 and a two-hundred day moving average of $28.36.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GFLW. Geneos Wealth Management Inc. bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the 1st quarter valued at approximately $32,000. JPMorgan Chase & Co. bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the 3rd quarter valued at approximately $34,000. Assetmark Inc. bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the 3rd quarter valued at approximately $52,000. IFP Advisors Inc bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the 4th quarter valued at approximately $59,000. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the 3rd quarter valued at approximately $69,000.

About VictoryShares Free Cash Flow Growth ETF

(Get Free Report)

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.

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