VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Down 40.0% in January

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

VictoryShares Free Cash Flow ETF Trading Up 1.3%

Shares of NASDAQ:VFLO opened at $40.26 on Friday. The stock has a market capitalization of $6.03 billion, a P/E ratio of 13.70 and a beta of 0.91. The stock’s 50-day moving average price is $39.78 and its 200-day moving average price is $38.15. VictoryShares Free Cash Flow ETF has a 12-month low of $29.48 and a 12-month high of $40.67.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were paid a $0.1502 dividend. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. The ex-dividend date of this dividend was Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Institutional Trading of VictoryShares Free Cash Flow ETF

Institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 7.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 176,577 shares of the company’s stock valued at $6,678,000 after purchasing an additional 12,593 shares during the last quarter. Modern Wealth Management LLC bought a new stake in VictoryShares Free Cash Flow ETF in the second quarter worth $35,714,000. D.A. Davidson & CO. purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the third quarter worth $499,000. Hudock Inc. purchased a new stake in shares of VictoryShares Free Cash Flow ETF in the third quarter worth $9,489,000. Finally, Axis Wealth Partners LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at $2,532,000.

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.