VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Update

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) saw a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 54,500 shares, an increase of 30.1% from the March 31st total of 41,900 shares. Based on an average daily volume of 121,100 shares, the days-to-cover ratio is currently 0.5 days.

VictoryShares Free Cash Flow ETF Stock Down 0.1 %

Shares of VFLO opened at $31.32 on Friday. The company’s fifty day moving average is $31.07 and its 200-day moving average is $28.63. VictoryShares Free Cash Flow ETF has a 12 month low of $24.61 and a 12 month high of $32.54. The firm has a market cap of $284.07 million, a price-to-earnings ratio of 13.70 and a beta of 0.73.

VictoryShares Free Cash Flow ETF Announces Dividend

The firm also recently declared a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were paid a dividend of $0.0087 per share. The ex-dividend date was Thursday, April 11th. This represents a $0.10 annualized dividend and a dividend yield of 0.33%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Victory Capital Management Inc. grew its stake in VictoryShares Free Cash Flow ETF by 47.3% in the 3rd quarter. Victory Capital Management Inc. now owns 2,359,979 shares of the company’s stock valued at $61,320,000 after buying an additional 757,905 shares during the last quarter. Miracle Mile Advisors LLC acquired a new position in VictoryShares Free Cash Flow ETF in the 1st quarter valued at $71,693,000. Financial Designs Corp acquired a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at $7,257,000. VitalStone Financial LLC acquired a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at $1,312,000. Finally, Financial Enhancement Group LLC acquired a new position in VictoryShares Free Cash Flow ETF in the 4th quarter valued at $672,000.

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.