VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Update

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 399,000 shares, a growth of 40.5% from the March 15th total of 283,900 shares. Currently, 0.4% of the company’s stock are sold short. Based on an average trading volume of 1,512,300 shares, the short-interest ratio is currently 0.3 days.

Hedge Funds Weigh In On VictoryShares Free Cash Flow ETF

Several hedge funds have recently made changes to their positions in VFLO. Raymond James Financial Inc. purchased a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter valued at about $36,524,000. Stifel Financial Corp boosted its position in VictoryShares Free Cash Flow ETF by 47.6% in the third quarter. Stifel Financial Corp now owns 31,728 shares of the company’s stock valued at $1,057,000 after buying an additional 10,235 shares during the last quarter. FMR LLC acquired a new position in VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $31,000. Bank of New York Mellon Corp raised its position in VictoryShares Free Cash Flow ETF by 46.9% during the 4th quarter. Bank of New York Mellon Corp now owns 12,402 shares of the company’s stock worth $423,000 after buying an additional 3,961 shares during the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in VictoryShares Free Cash Flow ETF by 49.8% during the 4th quarter. Axxcess Wealth Management LLC now owns 12,530 shares of the company’s stock valued at $427,000 after acquiring an additional 4,168 shares during the period.

VictoryShares Free Cash Flow ETF Stock Up 0.8 %

Shares of VFLO traded up $0.26 during mid-day trading on Friday, hitting $31.78. 1,806,490 shares of the company traded hands, compared to its average volume of 694,106. The company has a market capitalization of $3.29 billion, a PE ratio of 12.24 and a beta of 0.75. The business has a 50 day moving average of $34.00 and a 200 day moving average of $34.57. VictoryShares Free Cash Flow ETF has a 1-year low of $29.48 and a 1-year high of $37.04.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, April 11th. Shareholders of record on Thursday, April 10th were paid a dividend of $0.0434 per share. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.01. The ex-dividend date of this dividend was Thursday, April 10th. This represents a $0.52 dividend on an annualized basis and a yield of 1.64%.

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.