VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Short Interest Up 82.8% in July

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 7,878 shares, an increase of 82.8% from the June 30th total of 4,309 shares. Based on an average daily volume of 13,745 shares, the short-interest ratio is presently 0.6 days. Currently, 0.4% of the shares of the company are sold short.

VictoryShares WestEnd Global Equity ETF Price Performance

NASDAQ:GLOW traded up $0.57 during mid-day trading on Thursday, hitting $34.21. The company’s stock had a trading volume of 2,041 shares, compared to its average volume of 11,259. The business’s fifty day moving average is $34.15 and its two-hundred day moving average is $32.56. The stock has a market cap of $63.29 million, a price-to-earnings ratio of -83.44 and a beta of 0.81. VictoryShares WestEnd Global Equity ETF has a 1 year low of $27.98 and a 1 year high of $34.89.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a $0.1411 dividend. The ex-dividend date was Thursday, July 9th. This is a positive change from VictoryShares WestEnd Global Equity ETF’s previous dividend of $0.03. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio (DPR) is currently -102.44%.

Institutional Trading of VictoryShares WestEnd Global Equity ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. CWM LLC acquired a new position in shares of VictoryShares WestEnd Global Equity ETF in the 4th quarter valued at $24,143,000. Janney Montgomery Scott LLC acquired a new stake in VictoryShares WestEnd Global Equity ETF in the first quarter valued at approximately $2,343,000. Kestra Private Wealth Services LLC acquired a new stake in VictoryShares WestEnd Global Equity ETF in the fourth quarter valued at approximately $1,065,000. Sanctuary Advisors LLC increased its position in shares of VictoryShares WestEnd Global Equity ETF by 34.2% in the fourth quarter. Sanctuary Advisors LLC now owns 34,552 shares of the company’s stock valued at $1,065,000 after buying an additional 8,797 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of VictoryShares WestEnd Global Equity ETF in the third quarter valued at approximately $232,000. 1.59% of the stock is owned by institutional investors and hedge funds.

VictoryShares WestEnd Global Equity ETF Company Profile

The VictoryShares WestEnd Global Equity ETF (GLOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in equity ETFs. Selection is based on various macroeconomic indicators and key ETF factors. GLOW was launched on Jun 20, 2024 and is issued by VictoryShares.