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

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a large drop in short interest during 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. Based on an average trading volume of 1,528,216 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 1,528,216 shares, the short-interest ratio is presently 0.1 days.

VictoryShares Free Cash Flow ETF Stock Down 1.7%

Shares of VictoryShares Free Cash Flow ETF stock opened at $39.76 on Friday. The stock’s fifty day moving average is $39.76 and its two-hundred day moving average is $38.11. VictoryShares Free Cash Flow ETF has a 52 week low of $29.48 and a 52 week high of $40.67. The company has a market capitalization of $5.95 billion, a PE ratio of 13.70 and a beta of 0.91.

VictoryShares Free Cash Flow ETF Increases Dividend

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

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

Large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE grew its stake in VictoryShares Free Cash Flow ETF by 7.2% in the 3rd quarter. Bank of America Corp DE now owns 13,531,911 shares of the company’s stock worth $507,447,000 after acquiring an additional 912,446 shares in the last quarter. LPL Financial LLC boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 11.3% in the fourth quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock valued at $483,588,000 after purchasing an additional 1,249,407 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in VictoryShares Free Cash Flow ETF by 9.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,399,957 shares of the company’s stock worth $291,410,000 after purchasing an additional 659,124 shares in the last quarter. Allworth Financial LP increased its holdings in VictoryShares Free Cash Flow ETF by 2.0% during the 2nd quarter. Allworth Financial LP now owns 6,704,169 shares of the company’s stock worth $236,992,000 after purchasing an additional 131,110 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in VictoryShares Free Cash Flow ETF by 23.6% during the 3rd quarter. Raymond James Financial Inc. now owns 4,236,356 shares of the company’s stock worth $158,863,000 after purchasing an additional 809,655 shares during the period.

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.