VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Significant Decline in Short Interest

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a large drop in short interest in the month of January. As of January 15th, there was short interest totaling 225,861 shares, a drop of 29.9% from the December 31st total of 321,991 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 1,329,276 shares, the short-interest ratio is presently 0.2 days. Based on an average daily trading volume, of 1,329,276 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the shares of the company are short sold.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VictoryShares Free Cash Flow ETF stock opened at $39.47 on Friday. The firm has a 50-day moving average of $39.55 and a 200-day moving average of $37.83. VictoryShares Free Cash Flow ETF has a 52-week low of $29.48 and a 52-week high of $40.67. The stock has a market cap of $5.86 billion, a PE ratio of 13.70 and a beta of 0.91.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were given a dividend of $0.1502 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Thursday, December 11th. This is a boost from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02.

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

Several institutional investors have recently made changes to their positions in VFLO. Ameritas Advisory Services LLC bought a new position in VictoryShares Free Cash Flow ETF during the 2nd quarter worth $36,000. Geneos Wealth Management Inc. grew its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock worth $39,000 after purchasing an additional 750 shares in the last quarter. Assetmark Inc. increased its position 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 worth $45,000 after purchasing an additional 890 shares during the period. MCF Advisors LLC acquired a new position in VictoryShares Free Cash Flow ETF in the third quarter valued at about $65,000. Finally, Clayton Financial Group LLC bought a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter worth about $99,000.

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.