VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Up 130.3% in June

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 369,761 shares, an increase of 130.3% from the June 15th total of 160,574 shares. Based on an average daily trading volume, of 1,043,882 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ VFLO traded up $0.06 during trading on Wednesday, reaching $47.52. The company’s stock had a trading volume of 481,929 shares, compared to its average volume of 1,031,563. The firm has a fifty day moving average of $45.41 and a 200 day moving average of $41.99. VictoryShares Free Cash Flow ETF has a one year low of $34.11 and a one year high of $48.24. The stock has a market capitalization of $8.21 billion, a PE ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were issued a dividend of $0.0249 per share. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) annualized dividend and a dividend yield of 0.6%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VFLO. Kingdom Financial Group LLC. bought a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter valued at approximately $25,000. Geneos Wealth Management Inc. increased its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after buying an additional 750 shares during the last quarter. Zions Bancorporation National Association UT bought a new position in shares of VictoryShares Free Cash Flow ETF in the 4th quarter worth $52,000. Assetmark Inc. raised its position in shares of VictoryShares Free Cash Flow ETF by 80.4% during the 1st quarter. Assetmark Inc. now owns 1,351 shares of the company’s stock valued at $53,000 after buying an additional 602 shares in the last quarter. Finally, Silver Grove Financial Group Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF during the 4th quarter valued at $60,000.

VictoryShares Free Cash Flow ETF Company Profile

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.