Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Decreases By 67.5%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 432,600 shares, a decrease of 67.5% from the February 13th total of 1,330,000 shares. Currently, 0.7% of the company’s stock are sold short. Based on an average trading volume of 1,270,700 shares, the days-to-cover ratio is presently 0.3 days.

VictoryShares Free Cash Flow ETF Price Performance

NASDAQ VFLO opened at $34.09 on Friday. VictoryShares Free Cash Flow ETF has a 12 month low of $30.19 and a 12 month high of $37.04. The company has a market capitalization of $2.12 billion, a price-to-earnings ratio of 14.05 and a beta of 0.75. The company’s fifty day moving average price is $35.25 and its two-hundred day moving average price is $34.52.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 11th. Shareholders of record on Monday, March 10th were paid a dividend of $0.0638 per share. This is an increase from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05. The ex-dividend date was Monday, March 10th.

Institutional Trading of VictoryShares Free Cash Flow ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Raymond James Financial Inc. acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth $36,524,000. Stifel Financial Corp increased its holdings in shares of VictoryShares Free Cash Flow ETF by 47.6% in the 3rd quarter. Stifel Financial Corp now owns 31,728 shares of the company’s stock worth $1,057,000 after acquiring an additional 10,235 shares during the period. FMR LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth about $31,000. StoneX Group Inc. increased its holdings in shares of VictoryShares Free Cash Flow ETF by 1,903.2% in the 3rd quarter. StoneX Group Inc. now owns 481,324 shares of the company’s stock worth $16,028,000 after acquiring an additional 457,296 shares during the period. Finally, Sigma Planning Corp acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth about $236,000.

About VictoryShares Free Cash Flow ETF

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.