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

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 1,099 shares, a decline of 86.9% from the August 31st total of 8,386 shares. Based on an average daily volume of 25,859 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s shares are sold short.

VictoryShares WestEnd Global Equity ETF Stock Performance

NASDAQ:GLOW traded down $0.01 during mid-day trading on Friday, hitting $34.70. The company had a trading volume of 5,372 shares, compared to its average volume of 11,876. VictoryShares WestEnd Global Equity ETF has a fifty-two week low of $29.27 and a fifty-two week high of $35.58. The business’s fifty day moving average is $34.85 and its two-hundred day moving average is $33.51. The firm has a market cap of $76.69 million, a P/E ratio of -84.66 and a beta of 0.82.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a $0.1411 dividend. This is a boost from VictoryShares WestEnd Global Equity ETF’s previous monthly dividend of $0.0277. The ex-dividend date of this dividend was Thursday, July 9th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 4.9%. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio (DPR) is currently -102.44%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its holdings in VictoryShares WestEnd Global Equity ETF by 150.8% during the second quarter. Envestnet Asset Management Inc. now owns 44,573 shares of the company’s stock valued at $1,544,000 after purchasing an additional 26,798 shares during the period. Citadel Advisors LLC boosted its position in shares of VictoryShares WestEnd Global Equity ETF by 5.4% during the second quarter. Citadel Advisors LLC now owns 8,025 shares of the company’s stock worth $278,000 after purchasing an additional 410 shares in the last quarter. Royal Bank of Canada boosted its position in shares of VictoryShares WestEnd Global Equity ETF by 222.9% during the first quarter. Royal Bank of Canada now owns 10,282 shares of the company’s stock worth $310,000 after purchasing an additional 7,098 shares in the last quarter. Sanctuary Advisors LLC grew its holdings in shares of VictoryShares WestEnd Global Equity ETF by 5.0% in the 1st quarter. Sanctuary Advisors LLC now owns 36,289 shares of the company’s stock valued at $1,095,000 after buying an additional 1,737 shares during the period. Finally, Janney Montgomery Scott LLC acquired a new position in shares of VictoryShares WestEnd Global Equity ETF in the 1st quarter valued at $2,343,000. Institutional investors own 1.59% of the company’s stock.

About VictoryShares WestEnd Global Equity ETF

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.