VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Short Interest Update

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,584 shares, a growth of 113.2% from the April 30th total of 743 shares. Based on an average daily volume of 14,601 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are short sold.

VictoryShares WestEnd Global Equity ETF Price Performance

Shares of GLOW opened at $34.24 on Monday. VictoryShares WestEnd Global Equity ETF has a 12-month low of $26.87 and a 12-month high of $34.36. The firm has a market capitalization of $54.44 million, a price-to-earnings ratio of -83.51 and a beta of 0.82. The stock’s 50-day moving average price is $32.10 and its 200 day moving average price is $31.51.

VictoryShares WestEnd Global Equity ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, April 10th. Investors of record on Thursday, April 9th were paid a dividend of $0.0277 per share. The ex-dividend date was Thursday, April 9th. VictoryShares WestEnd Global Equity ETF’s payout ratio is currently -92.68%.

Hedge Funds Weigh In On VictoryShares WestEnd Global Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in 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 valued at $98,000 after acquiring an additional 3,115 shares during the period. Cary Street Partners Financial LLC bought a new position in VictoryShares WestEnd Global Equity ETF during the third quarter valued at about $211,000. DAVENPORT & Co LLC bought a new position in VictoryShares WestEnd Global Equity ETF during the fourth quarter valued at about $223,000. Jane Street Group LLC bought a new position in VictoryShares WestEnd Global Equity ETF during the fourth quarter valued at about $237,000. Finally, Citadel Advisors LLC bought a new position in VictoryShares WestEnd Global Equity ETF during the third quarter valued at about $232,000. 1.59% of the stock is currently owned by institutional investors.

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.