Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Increases By 70.5%

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

VictoryShares Free Cash Flow ETF Stock Up 1.1 %

VFLO stock opened at $35.59 on Thursday. The firm has a market capitalization of $1.88 billion, a PE ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a twelve month low of $27.58 and a twelve month high of $37.04. The stock has a 50-day simple moving average of $35.26 and a two-hundred day simple moving average of $33.47.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, January 9th. Shareholders of record on Wednesday, January 8th were issued a dividend of $0.0062 per share. The ex-dividend date of this dividend was Wednesday, January 8th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Annex Advisory Services LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter worth about $96,294,000. Sanctuary Advisors LLC bought a new stake in VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $26,671,000. Financial Enhancement Group LLC bought a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter valued at approximately $16,606,000. StoneX Group Inc. lifted its position in VictoryShares Free Cash Flow ETF by 1,903.2% in the third quarter. StoneX Group Inc. now owns 481,324 shares of the company’s stock valued at $16,028,000 after purchasing an additional 457,296 shares during the last quarter. Finally, Astor Investment Management LLC bought a new stake in VictoryShares Free Cash Flow ETF in the third quarter valued at approximately $8,712,000.

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.