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

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 831,400 shares, an increase of 70.5% from the December 15th total of 487,600 shares. Based on an average daily volume of 589,500 shares, the days-to-cover ratio is presently 1.4 days.

VictoryShares Free Cash Flow ETF Stock Up 0.8 %

Shares of NASDAQ:VFLO opened at $35.19 on Wednesday. The business has a 50 day moving average price of $35.24 and a 200 day moving average price of $33.45. VictoryShares Free Cash Flow ETF has a twelve month low of $27.58 and a twelve month high of $37.04. The company has a market cap of $1.81 billion, a price-to-earnings ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were given a $0.0062 dividend. The ex-dividend date was Wednesday, January 8th.

Institutional Trading of VictoryShares Free Cash Flow ETF

A number of hedge funds have recently modified their holdings of the company. Annex Advisory Services LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $96,294,000. Miracle Mile Advisors LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 0.7% in the 3rd quarter. Miracle Mile Advisors LLC now owns 2,670,965 shares of the company’s stock worth $88,943,000 after buying an additional 17,888 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of VictoryShares Free Cash Flow ETF by 1.3% in the 3rd quarter. Victory Capital Management Inc. now owns 2,389,979 shares of the company’s stock worth $79,586,000 after buying an additional 30,000 shares in the last quarter. Traphagen Investment Advisors LLC raised its holdings in shares of VictoryShares Free Cash Flow ETF by 3.1% in the 3rd quarter. Traphagen Investment Advisors LLC now owns 1,616,914 shares of the company’s stock worth $53,843,000 after buying an additional 47,932 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth approximately $26,671,000.

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.