VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Large Growth in Short Interest

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 214,800 shares, an increase of 127.5% from the October 31st total of 94,400 shares. Based on an average daily trading volume, of 372,500 shares, the days-to-cover ratio is currently 0.6 days.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ:VFLO traded up $0.12 during mid-day trading on Friday, hitting $36.61. 227,508 shares of the company’s stock traded hands, compared to its average volume of 250,716. The company has a fifty day moving average of $34.27 and a 200 day moving average of $32.57. VictoryShares Free Cash Flow ETF has a twelve month low of $26.62 and a twelve month high of $37.04. The company has a market capitalization of $1.22 billion, a P/E ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, November 8th. Stockholders of record on Thursday, November 7th were issued a dividend of $0.0053 per share. The ex-dividend date was Thursday, November 7th. This represents a $0.06 annualized dividend and a dividend yield of 0.17%.

Hedge Funds Weigh In On VictoryShares Free Cash Flow ETF

Several hedge funds and other institutional investors have recently modified their holdings of VFLO. Lifestyle Asset Management Inc. increased its stake in VictoryShares Free Cash Flow ETF by 0.8% during the 3rd quarter. Lifestyle Asset Management Inc. now owns 57,278 shares of the company’s stock valued at $1,907,000 after purchasing an additional 460 shares in the last quarter. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at $29,000. FMR LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at $31,000. TAP Consulting LLC raised its stake in VictoryShares Free Cash Flow ETF by 1.6% in the 3rd quarter. TAP Consulting LLC now owns 97,130 shares of the company’s stock worth $3,234,000 after acquiring an additional 1,526 shares during the last quarter. Finally, Private Trust Co. NA acquired a new stake in VictoryShares Free Cash Flow ETF during the 3rd quarter worth about $67,000.

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.