VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) Sees Large Increase in Short Interest

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) was the target of a large growth in short interest in May. As of May 29th, there was short interest totaling 6,183 shares, a growth of 247.2% from the May 14th total of 1,781 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 16,106 shares, the days-to-cover ratio is currently 0.4 days.

VictoryShares International Free Cash Flow Growth ETF Price Performance

Shares of NASDAQ:GRIN traded up $0.32 during trading on Friday, hitting $32.63. 49,193 shares of the stock were exchanged, compared to its average volume of 40,755. The company has a fifty day moving average price of $30.92 and a two-hundred day moving average price of $29.38. The company has a market cap of $280.62 million, a PE ratio of -65.26 and a beta of 2.57. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 0.51. VictoryShares International Free Cash Flow Growth ETF has a 12-month low of $24.79 and a 12-month high of $32.86.

VictoryShares International Free Cash Flow Growth ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Tuesday, June 9th were paid a dividend of $0.034 per share. This is a positive change from VictoryShares International Free Cash Flow Growth ETF’s previous monthly dividend of $0.03. The ex-dividend date of this dividend was Tuesday, June 9th. This represents a c) annualized dividend and a dividend yield of 1.3%. VictoryShares International Free Cash Flow Growth ETF’s dividend payout ratio is presently -34.00%.

Institutional Investors Weigh In On VictoryShares International Free Cash Flow Growth ETF

Several institutional investors have recently modified their holdings of the company. Citadel Advisors LLC acquired a new position in VictoryShares International Free Cash Flow Growth ETF during the third quarter worth about $267,000. Victory Capital Management Inc. raised its position in VictoryShares International Free Cash Flow Growth ETF by 745.9% during the third quarter. Victory Capital Management Inc. now owns 3,468,284 shares of the company’s stock worth $94,667,000 after acquiring an additional 3,058,284 shares during the last quarter. Sunbelt Securities Inc. acquired a new position in VictoryShares International Free Cash Flow Growth ETF during the third quarter worth about $123,000. Finally, Jane Street Group LLC acquired a new position in VictoryShares International Free Cash Flow Growth ETF during the second quarter worth about $968,000.

VictoryShares International Free Cash Flow Growth ETF Company Profile

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities.