VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Up 277.0% in August

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 127,800 shares, a growth of 277.0% from the August 15th total of 33,900 shares. Based on an average daily trading volume, of 1,052,700 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,052,700 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Osaic Holdings Inc. lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 16.7% during the second quarter. Osaic Holdings Inc. now owns 829,290 shares of the company’s stock worth $29,324,000 after buying an additional 118,893 shares in the last quarter. Orion Porfolio Solutions LLC lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 48.8% during the second quarter. Orion Porfolio Solutions LLC now owns 700,609 shares of the company’s stock worth $24,767,000 after buying an additional 229,633 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in VictoryShares Free Cash Flow ETF in the second quarter valued at about $290,000. Tower Research Capital LLC TRC raised its stake in VictoryShares Free Cash Flow ETF by 55,361.0% in the second quarter. Tower Research Capital LLC TRC now owns 22,739 shares of the company’s stock valued at $804,000 after purchasing an additional 22,698 shares in the last quarter. Finally, Equitable Holdings Inc. raised its stake in VictoryShares Free Cash Flow ETF by 43.0% in the second quarter. Equitable Holdings Inc. now owns 85,495 shares of the company’s stock valued at $3,022,000 after purchasing an additional 25,702 shares in the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

VFLO opened at $37.84 on Friday. VictoryShares Free Cash Flow ETF has a fifty-two week low of $29.48 and a fifty-two week high of $37.91. The company has a market capitalization of $4.66 billion, a P/E ratio of 13.70 and a beta of 0.94. The stock has a fifty day moving average of $36.01 and a 200-day moving average of $34.63.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, September 9th. Stockholders of record on Monday, September 8th were issued a dividend of $0.1465 per share. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.00. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend was Monday, September 8th.

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.