Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Expands By 29.7%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) saw a large increase in short interest during the month of November. As of November 30th, there was short interest totalling 278,600 shares, an increase of 29.7% from the November 15th total of 214,800 shares. Based on an average daily trading volume, of 396,600 shares, the days-to-cover ratio is currently 0.7 days.

VictoryShares Free Cash Flow ETF Stock Performance

VFLO stock opened at $34.97 on Friday. The stock has a market capitalization of $1.16 billion, a PE ratio of 13.10 and a beta of 0.75. The company has a fifty day moving average of $34.88 and a 200-day moving average of $32.93. VictoryShares Free Cash Flow ETF has a one year low of $27.58 and a one year high of $37.04.

VictoryShares Free Cash Flow ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 13th. Shareholders of record on Thursday, December 12th were issued a $0.0929 dividend. The ex-dividend date of this dividend was Thursday, December 12th.

Hedge Funds Weigh In On VictoryShares Free Cash Flow ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VFLO. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter valued at approximately $2,007,000. Raymond James & Associates boosted its position in shares of VictoryShares Free Cash Flow ETF by 61.4% during the 2nd quarter. Raymond James & Associates now owns 69,155 shares of the company’s stock worth $2,138,000 after purchasing an additional 26,303 shares in the last quarter. Western Wealth Management LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter worth $2,803,000. Lifestyle Asset Management Inc. purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter valued at about $1,757,000. Finally, Krilogy Financial LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter valued at about $377,000.

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.