VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Short Interest Update

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the target of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totaling 1,779 shares, a decrease of 42.7% from the May 31st total of 3,104 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 10,892 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On VictoryShares WestEnd Global Equity ETF

A number of large investors have recently modified their holdings of GLOW. CWM LLC acquired a new position in VictoryShares WestEnd Global Equity ETF during the 4th quarter valued at approximately $24,143,000. Kestra Private Wealth Services LLC purchased a new position in shares of VictoryShares WestEnd Global Equity ETF during the 4th quarter valued at about $1,065,000. DAVENPORT & Co LLC purchased a new position in VictoryShares WestEnd Global Equity ETF during the fourth quarter valued at approximately $223,000. Sanctuary Advisors LLC lifted its stake in shares of VictoryShares WestEnd Global Equity ETF by 34.2% in the 4th quarter. Sanctuary Advisors LLC now owns 34,552 shares of the company’s stock valued at $1,065,000 after purchasing an additional 8,797 shares during the period. Finally, Royal Bank of Canada raised its position in shares of VictoryShares WestEnd Global Equity ETF by 222.9% in the first quarter. Royal Bank of Canada now owns 10,282 shares of the company’s stock worth $310,000 after acquiring an additional 7,098 shares during the period. Hedge funds and other institutional investors own 1.59% of the company’s stock.

VictoryShares WestEnd Global Equity ETF Stock Down 0.3%

Shares of GLOW opened at $34.47 on Friday. VictoryShares WestEnd Global Equity ETF has a twelve month low of $27.98 and a twelve month high of $34.86. The company has a 50 day moving average of $33.65 and a two-hundred day moving average of $32.13. The company has a market cap of $58.25 million, a price-to-earnings ratio of -84.07 and a beta of 0.81.

VictoryShares WestEnd Global Equity ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, April 10th. Shareholders of record on Thursday, April 9th were paid a $0.0277 dividend. The ex-dividend date was Thursday, April 9th. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio (DPR) is -92.68%.

VictoryShares WestEnd Global Equity ETF Company Profile

The VictoryShares WestEnd Global Equity ETF (GLOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in equity ETFs. Selection is based on various macroeconomic indicators and key ETF factors. GLOW was launched on Jun 20, 2024 and is issued by VictoryShares.