VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) Sees Significant Decline in Short Interest

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) was the target of a large decline in short interest in the month of June. As of June 15th, there was short interest totaling 3,469 shares, a decline of 43.9% from the May 31st total of 6,183 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 18,177 shares, the days-to-cover ratio is currently 0.2 days.

VictoryShares International Free Cash Flow Growth ETF Stock Performance

GRIN stock traded down $0.69 during trading hours on Wednesday, hitting $33.07. 11,399 shares of the stock were exchanged, compared to its average volume of 37,703. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 0.51. The firm has a market capitalization of $284.40 million, a P/E ratio of -66.14 and a beta of 2.46. The company has a 50-day simple moving average of $31.85 and a two-hundred day simple moving average of $29.94. VictoryShares International Free Cash Flow Growth ETF has a 12 month low of $24.79 and a 12 month high of $34.54.

VictoryShares International Free Cash Flow Growth ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were paid a $0.034 dividend. This represents a c) annualized dividend and a dividend yield of 1.2%. This is a boost from VictoryShares International Free Cash Flow Growth ETF’s previous monthly dividend of $0.03. The ex-dividend date was Tuesday, June 9th. VictoryShares International Free Cash Flow Growth ETF’s dividend payout ratio is currently -34.00%.

Institutional Trading of VictoryShares International Free Cash Flow Growth ETF

Several hedge funds and other institutional investors have recently bought and sold shares of GRIN. Victory Capital Management Inc. grew its position in shares of VictoryShares International Free Cash Flow Growth ETF by 78.7% during the 4th quarter. Victory Capital Management Inc. now owns 6,198,468 shares of the company’s stock worth $171,274,000 after purchasing an additional 2,730,184 shares in the last quarter. Jane Street Group LLC raised its position in shares of VictoryShares International Free Cash Flow Growth ETF by 49.4% in the fourth quarter. Jane Street Group LLC now owns 23,753 shares of the company’s stock valued at $656,000 after buying an additional 7,854 shares in the last quarter. Citadel Advisors LLC acquired a new stake in shares of VictoryShares International Free Cash Flow Growth ETF in the third quarter valued at approximately $267,000. Finally, Sunbelt Securities Inc. bought a new stake in shares of VictoryShares International Free Cash Flow Growth ETF in the third quarter valued at approximately $123,000.

VictoryShares International Free Cash Flow Growth ETF Company Profile

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities.