VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) Short Interest Down 43.9% in June

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 3,469 shares, a decrease of 43.9% from the May 31st total of 6,183 shares. Based on an average daily volume of 18,177 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the stock are short sold.

VictoryShares International Free Cash Flow Growth ETF Price Performance

Shares of VictoryShares International Free Cash Flow Growth ETF stock traded up $0.12 during mid-day trading on Thursday, reaching $33.19. 940 shares of the stock were exchanged, compared to its average volume of 37,408. VictoryShares International Free Cash Flow Growth ETF has a fifty-two week low of $24.79 and a fifty-two week high of $34.54. The company has a market cap of $285.43 million, a price-to-earnings ratio of -66.38 and a beta of 2.46. The firm has a 50-day simple moving average of $31.90 and a 200 day simple moving average of $29.98. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 0.51.

VictoryShares International Free Cash Flow Growth ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were issued a dividend of $0.034 per share. The ex-dividend date of this dividend was Tuesday, June 9th. This is a positive change from VictoryShares International Free Cash Flow Growth ETF’s previous monthly dividend of $0.03. This represents a c) annualized dividend and a dividend yield of 1.2%. VictoryShares International Free Cash Flow Growth ETF’s dividend payout ratio (DPR) is -34.00%.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of GRIN. Victory Capital Management Inc. boosted its holdings 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 acquiring an additional 2,730,184 shares in the last quarter. Jane Street Group LLC increased its holdings in 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 valued at $656,000 after purchasing an additional 7,854 shares in the last quarter. Sunbelt Securities Inc. acquired a new stake in VictoryShares International Free Cash Flow Growth ETF during the 3rd quarter valued at $123,000. Finally, Citadel Advisors LLC bought a new position in VictoryShares International Free Cash Flow Growth ETF in the 3rd quarter valued at $267,000.

VictoryShares International Free Cash Flow Growth ETF Company Profile

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.