Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Decreases By 51.8%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 224,776 shares, a drop of 51.8% from the April 15th total of 466,521 shares. Based on an average daily trading volume, of 800,342 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Trading of VictoryShares Free Cash Flow ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Kingdom Financial Group LLC. bought a new position in shares of VictoryShares Free Cash Flow ETF in the fourth quarter worth approximately $25,000. Geneos Wealth Management Inc. raised its holdings in 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 valued at $39,000 after buying an additional 750 shares during the last quarter. Assetmark Inc. boosted its position in VictoryShares Free Cash Flow ETF by 285.3% during the 3rd 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 period. Zions Bancorporation National Association UT bought a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter worth $52,000. Finally, Silver Grove Financial Group Inc. bought a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter worth $60,000.

VictoryShares Free Cash Flow ETF Trading Down 0.5%

VFLO opened at $42.50 on Friday. VictoryShares Free Cash Flow ETF has a 12 month low of $33.34 and a 12 month high of $43.78. The business’s 50-day moving average price is $40.76 and its 200-day moving average price is $39.81. The company has a market cap of $6.75 billion, a P/E ratio of 13.70 and a beta of 0.80.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, May 11th. Shareholders of record on Friday, May 8th were paid a $0.0134 dividend. This represents a c) dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Friday, May 8th.

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.