VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) Short Interest Up 688.1% in May

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 1,781 shares, a growth of 688.1% from the April 30th total of 226 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 7,279 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Victory Capital Management Inc. lifted its position in shares of VictoryShares International Free Cash Flow Growth ETF by 78.7% in the 4th quarter. Victory Capital Management Inc. now owns 6,198,468 shares of the company’s stock worth $171,274,000 after purchasing an additional 2,730,184 shares during the period. Jane Street Group LLC grew its position in shares of VictoryShares International Free Cash Flow Growth ETF by 49.4% during the 4th quarter. Jane Street Group LLC now owns 23,753 shares of the company’s stock worth $656,000 after buying an additional 7,854 shares during the period. Sunbelt Securities Inc. acquired a new stake in shares of VictoryShares International Free Cash Flow Growth ETF during the 3rd quarter worth approximately $123,000. Finally, Citadel Advisors LLC acquired a new stake in shares of VictoryShares International Free Cash Flow Growth ETF during the 3rd quarter worth approximately $267,000.

VictoryShares International Free Cash Flow Growth ETF Trading Down 2.0%

Shares of NASDAQ GRIN traded down $0.65 during midday trading on Thursday, reaching $31.48. The stock had a trading volume of 668 shares, compared to its average volume of 43,211. The firm has a market cap of $270.73 million, a price-to-earnings ratio of -62.96 and a beta of 2.69. VictoryShares International Free Cash Flow Growth ETF has a twelve month low of $24.79 and a twelve month high of $32.13. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.01 and a current ratio of 1.13. The company’s 50 day moving average price is $29.80 and its 200 day moving average price is $28.98.

VictoryShares International Free Cash Flow Growth ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were given a $0.0269 dividend. This is an increase from VictoryShares International Free Cash Flow Growth ETF’s previous monthly dividend of $0.02. The ex-dividend date was Friday, May 8th. This represents a c) dividend on an annualized basis and a dividend yield of 1.0%. VictoryShares International Free Cash Flow Growth ETF’s dividend payout ratio is presently -28.00%.

About VictoryShares International Free Cash Flow Growth ETF

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities.