Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Grows By 140.6%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totaling 466,521 shares, an increase of 140.6% from the March 31st total of 193,891 shares. Based on an average daily volume of 792,197 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.3% of the shares of the company are short sold.

VictoryShares Free Cash Flow ETF Price Performance

VFLO stock opened at $41.52 on Monday. The company has a fifty day moving average price of $40.13 and a 200 day moving average price of $39.35. VictoryShares Free Cash Flow ETF has a 12 month low of $32.31 and a 12 month high of $42.37. The company has a market cap of $6.56 billion, a price-to-earnings ratio of 13.70 and a beta of 0.84.

VictoryShares Free Cash Flow ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 9th were issued a $0.0333 dividend. The ex-dividend date of this dividend was Thursday, April 9th.

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Kingdom Financial Group LLC. purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the fourth quarter valued at about $25,000. Geneos Wealth Management Inc. raised its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after buying an additional 750 shares during the last quarter. Assetmark Inc. raised its holdings in shares of 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 buying an additional 890 shares during the last quarter. Zions Bancorporation National Association UT purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the fourth quarter valued at about $52,000. Finally, Silver Grove Financial Group Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the fourth quarter valued at about $60,000.

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.