Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Decreases By 40.0%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 135,497 shares, a decline of 40.0% from the January 15th total of 225,861 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,528,216 shares, the days-to-cover ratio is currently 0.1 days. Based on an average trading volume of 1,528,216 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

VictoryShares Free Cash Flow ETF Trading Down 1.7%

NASDAQ VFLO opened at $39.76 on Friday. VictoryShares Free Cash Flow ETF has a 12 month low of $29.48 and a 12 month high of $40.67. The stock has a market cap of $5.95 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. The company’s 50 day moving average is $39.76 and its two-hundred day moving average is $38.11.

VictoryShares Free Cash Flow ETF Increases Dividend

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

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Kingdom Financial Group LLC. bought a new stake in VictoryShares Free Cash Flow ETF during the fourth quarter valued at about $25,000. Geneos Wealth Management Inc. boosted its stake 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 worth $39,000 after acquiring an additional 750 shares during the period. Assetmark Inc. grew its position in shares of VictoryShares Free Cash Flow ETF by 285.3% during the third quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock worth $45,000 after purchasing an additional 890 shares in the last quarter. Zions Bancorporation National Association UT bought a new stake in VictoryShares Free Cash Flow ETF during the 4th quarter valued at approximately $52,000. Finally, MCF Advisors LLC bought a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at approximately $65,000.

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.