Short Interest in VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Decreases By 67.3%

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 743 shares, a drop of 67.3% from the April 15th total of 2,269 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 5,723 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On VictoryShares WestEnd Global Equity ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in GLOW. Royal Bank of Canada increased its stake in VictoryShares WestEnd Global Equity ETF by 4,514.5% during the fourth quarter. Royal Bank of Canada now owns 3,184 shares of the company’s stock worth $98,000 after acquiring an additional 3,115 shares during the last quarter. Cary Street Partners Financial LLC purchased a new position in shares of VictoryShares WestEnd Global Equity ETF during the third quarter worth $211,000. DAVENPORT & Co LLC purchased a new position in shares of VictoryShares WestEnd Global Equity ETF during the fourth quarter worth $223,000. Citadel Advisors LLC purchased a new position in shares of VictoryShares WestEnd Global Equity ETF during the third quarter worth $232,000. Finally, Jane Street Group LLC purchased a new position in shares of VictoryShares WestEnd Global Equity ETF during the fourth quarter worth $237,000. Institutional investors and hedge funds own 1.59% of the company’s stock.

VictoryShares WestEnd Global Equity ETF Trading Down 1.5%

GLOW stock traded down $0.51 during midday trading on Friday, hitting $33.02. 9,297 shares of the company’s stock were exchanged, compared to its average volume of 11,589. The business has a 50-day simple moving average of $31.51 and a two-hundred day simple moving average of $31.28. The stock has a market capitalization of $52.50 million, a PE ratio of -80.54 and a beta of 0.82. VictoryShares WestEnd Global Equity ETF has a 1-year low of $24.48 and a 1-year high of $33.63.

VictoryShares WestEnd Global Equity ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 9th were paid a dividend of $0.0277 per share. The ex-dividend date of this dividend was Thursday, April 9th. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio (DPR) is -92.68%.

About VictoryShares WestEnd Global Equity ETF

The VictoryShares WestEnd Global Equity ETF (GLOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in equity ETFs. Selection is based on various macroeconomic indicators and key ETF factors. GLOW was launched on Jun 20, 2024 and is issued by VictoryShares.