VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Update

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) saw a large decline in short interest in January. As of January 15th, there was short interest totaling 225,861 shares, a decline of 29.9% from the December 31st total of 321,991 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily trading volume, of 1,329,276 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 1,329,276 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the shares of the stock are sold short.

VictoryShares Free Cash Flow ETF Trading Down 0.2%

NASDAQ VFLO opened at $39.47 on Friday. The firm’s 50 day simple moving average is $39.55 and its 200 day simple moving average is $37.83. The firm has a market capitalization of $5.86 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a 1 year low of $29.48 and a 1 year high of $40.67.

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 paid a $0.1502 dividend. This represents a c) annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Thursday, December 11th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02.

Institutional Trading of VictoryShares Free Cash Flow ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Barnes Pettey Financial Advisors LLC grew its position in VictoryShares Free Cash Flow ETF by 9.7% in the fourth quarter. Barnes Pettey Financial Advisors LLC now owns 41,685 shares of the company’s stock valued at $1,642,000 after acquiring an additional 3,690 shares during the last quarter. Axis Wealth Partners LLC grew its holdings in shares of VictoryShares Free Cash Flow ETF by 4.9% during the 4th quarter. Axis Wealth Partners LLC now owns 70,826 shares of the company’s stock valued at $2,789,000 after purchasing an additional 3,298 shares during the last quarter. Comerica Bank increased its position in VictoryShares Free Cash Flow ETF by 22.8% during the 4th quarter. Comerica Bank now owns 122,375 shares of the company’s stock worth $4,819,000 after purchasing an additional 22,695 shares in the last quarter. D.A. Davidson & CO. increased its position in VictoryShares Free Cash Flow ETF by 128.9% during the 4th quarter. D.A. Davidson & CO. now owns 30,430 shares of the company’s stock worth $1,198,000 after purchasing an additional 17,134 shares in the last quarter. Finally, Kestra Private Wealth Services LLC lifted its stake in VictoryShares Free Cash Flow ETF by 39.6% in the 4th quarter. Kestra Private Wealth Services LLC now owns 18,268 shares of the company’s stock valued at $719,000 after purchasing an additional 5,181 shares during the last quarter.

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.