VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Short Interest Down 80.7% in August

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 1,458 shares, a decrease of 80.7% from the July 30th total of 7,570 shares. Based on an average trading volume of 14,922 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Cary Street Partners Financial LLC lifted its holdings in VictoryShares WestEnd Global Equity ETF by 21.5% during the 4th quarter. Cary Street Partners Financial LLC now owns 8,490 shares of the company’s stock worth $262,000 after buying an additional 1,500 shares in the last quarter. Sanctuary Advisors LLC grew its stake in shares of VictoryShares WestEnd Global Equity ETF by 5.0% in the first quarter. Sanctuary Advisors LLC now owns 36,289 shares of the company’s stock worth $1,095,000 after acquiring an additional 1,737 shares in the last quarter. Kestra Private Wealth Services LLC increased its position in shares of VictoryShares WestEnd Global Equity ETF by 6.7% during the first quarter. Kestra Private Wealth Services LLC now owns 36,835 shares of the company’s stock worth $1,112,000 after acquiring an additional 2,299 shares during the period. Royal Bank of Canada increased its position in shares of VictoryShares WestEnd Global Equity ETF by 4,514.5% during the fourth quarter. Royal Bank of Canada now owns 3,184 shares of the company’s stock worth $98,000 after acquiring an additional 3,115 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of VictoryShares WestEnd Global Equity ETF in the fourth quarter valued at $237,000. Institutional investors and hedge funds own 1.59% of the company’s stock.

VictoryShares WestEnd Global Equity ETF Trading Down 0.4%

VictoryShares WestEnd Global Equity ETF stock traded down $0.15 during midday trading on Friday, reaching $35.31. 3,799 shares of the stock traded hands, compared to its average volume of 11,116. The firm has a market cap of $65.68 million, a PE ratio of -86.12 and a beta of 0.82. The company has a 50-day simple moving average of $34.64 and a two-hundred day simple moving average of $33.08. VictoryShares WestEnd Global Equity ETF has a 12-month low of $28.67 and a 12-month high of $35.58.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a $0.1411 dividend. The ex-dividend date of this dividend was Thursday, July 9th. This is a positive change from VictoryShares WestEnd Global Equity ETF’s previous dividend of $0.03. VictoryShares WestEnd Global Equity ETF’s payout ratio is -102.44%.

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.