VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Significant Growth in Short Interest

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 258,531 shares, an increase of 48.5% from the November 30th total of 174,106 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average daily volume of 792,014 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily volume of 792,014 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Comprehensive Financial Planning Inc. PA grew its stake in VictoryShares Free Cash Flow ETF by 0.7% in the 3rd quarter. Comprehensive Financial Planning Inc. PA now owns 44,845 shares of the company’s stock worth $1,682,000 after buying an additional 309 shares in the last quarter. AE Wealth Management LLC lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 0.8% during the 3rd quarter. AE Wealth Management LLC now owns 47,134 shares of the company’s stock worth $1,768,000 after acquiring an additional 366 shares during the last quarter. Sigma Planning Corp lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 1.0% during the 2nd quarter. Sigma Planning Corp now owns 38,137 shares of the company’s stock worth $1,348,000 after acquiring an additional 375 shares during the last quarter. PFG Investments LLC grew its position in VictoryShares Free Cash Flow ETF by 7.5% in the third quarter. PFG Investments LLC now owns 9,569 shares of the company’s stock worth $359,000 after acquiring an additional 671 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its stake in VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ:VFLO opened at $39.79 on Monday. VictoryShares Free Cash Flow ETF has a 52-week low of $29.48 and a 52-week high of $40.20. The stock has a fifty day moving average of $38.54 and a 200 day moving average of $37.08. The firm has a market capitalization of $5.26 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91.

VictoryShares Free Cash Flow ETF Increases Dividend

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

VictoryShares Free Cash Flow ETF Company Profile

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.