VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) Stock Short Interest Declines 35.6%

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) saw a large decline in short interest in the month of October. As of October 15th, there was short interest totaling 10,948 shares, a decline of 35.6% from the September 30th total of 17,004 shares. Based on an average trading volume of 19,738 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On VictoryShares International Free Cash Flow Growth ETF

An institutional investor recently bought a new position in VictoryShares International Free Cash Flow Growth ETF stock. Annex Advisory Services LLC purchased a new position in shares of VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 79,454 shares of the company’s stock, valued at approximately $2,586,000. Annex Advisory Services LLC owned approximately 0.72% of VictoryShares International Free Cash Flow Growth ETF at the end of the most recent quarter.

VictoryShares International Free Cash Flow Growth ETF Stock Performance

Shares of NASDAQ:GRIN traded up $0.09 on Tuesday, hitting $31.06. The company’s stock had a trading volume of 4,901 shares, compared to its average volume of 36,426. The company has a market capitalization of $344.75 million, a price-to-earnings ratio of -62.12 and a beta of 1.15. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.01 and a current ratio of 1.13. VictoryShares International Free Cash Flow Growth ETF has a 12 month low of $25.75 and a 12 month high of $34.70. The stock’s 50-day moving average is $32.61 and its two-hundred day moving average is $31.32.

VictoryShares International Free Cash Flow Growth ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were issued a $0.0523 dividend. The ex-dividend date of this dividend was Thursday, October 8th. This is an increase from VictoryShares International Free Cash Flow Growth ETF’s previous monthly dividend of $0.0084. This represents a $0.63 annualized dividend and a yield of 2.0%. VictoryShares International Free Cash Flow Growth ETF’s dividend payout ratio is currently -40.00%.

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.