VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Up 24.5% in December

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 321,991 shares, a growth of 24.5% from the December 15th total of 258,531 shares. Based on an average daily volume of 725,564 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 725,564 shares, the days-to-cover ratio is presently 0.4 days.

VictoryShares Free Cash Flow ETF Trading Down 1.3%

VFLO opened at $39.61 on Tuesday. The stock has a market cap of $5.78 billion, a PE ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a twelve month low of $29.48 and a twelve month high of $40.67. The business’s 50 day moving average is $39.20 and its 200-day moving average is $37.61.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were given a $0.1502 dividend. This represents a c) annualized dividend and a dividend yield of 4.5%. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. The ex-dividend date of this dividend was Thursday, December 11th.

Hedge Funds Weigh In On VictoryShares Free Cash Flow ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VFLO. Ameritas Advisory Services LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter worth approximately $36,000. Geneos Wealth Management Inc. increased its position in 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 valued at $39,000 after acquiring an additional 750 shares in the last quarter. Assetmark Inc. boosted its holdings in VictoryShares Free Cash Flow ETF by 285.3% in the third quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock valued at $45,000 after acquiring an additional 890 shares during the last quarter. MCF Advisors LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter valued at $65,000. Finally, Tradewinds Capital Management LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 4th quarter valued at $114,000.

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.