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

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) saw a large increase in short interest in December. As of December 15th, there was short interest totaling 258,531 shares, an increase of 48.5% from the November 30th total of 174,106 shares. Based on an average daily volume of 792,014 shares, the short-interest ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are sold short. Currently, 0.2% of the company’s stock are sold short. Based on an average daily volume of 792,014 shares, the short-interest ratio is presently 0.3 days.

VictoryShares Free Cash Flow ETF Trading Down 0.3%

Shares of VFLO stock opened at $39.67 on Tuesday. The firm has a fifty day simple moving average of $38.58 and a two-hundred day simple moving average of $37.11. VictoryShares Free Cash Flow ETF has a 12 month low of $29.48 and a 12 month high of $40.20. The firm has a market capitalization of $5.25 billion, a PE ratio of 13.70 and a beta of 0.91.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were paid a dividend of $0.1502 per share. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02. The ex-dividend date was Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 4.5%.

Institutional Trading of VictoryShares Free Cash Flow ETF

Several institutional investors and hedge funds have recently modified their holdings of VFLO. Sunbelt Securities Inc. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $4,721,000. Keystone Financial Group raised its position in VictoryShares Free Cash Flow ETF by 2.6% in the 3rd quarter. Keystone Financial Group now owns 798,273 shares of the company’s stock valued at $29,936,000 after buying an additional 20,394 shares during the last quarter. NewEdge Advisors LLC lifted its stake in VictoryShares Free Cash Flow ETF by 42.6% during the 3rd quarter. NewEdge Advisors LLC now owns 41,124 shares of the company’s stock valued at $1,542,000 after acquiring an additional 12,277 shares in the last quarter. Triumph Capital Management lifted its stake in VictoryShares Free Cash Flow ETF by 16.1% during the 3rd quarter. Triumph Capital Management now owns 90,055 shares of the company’s stock valued at $3,377,000 after acquiring an additional 12,505 shares in the last quarter. Finally, Pin Oak Investment Advisors Inc. bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth $131,000.

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.