Short Interest in VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) Increases By 109.2%

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) saw a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 7,258 shares, a growth of 109.2% from the June 15th total of 3,469 shares. Based on an average trading volume of 9,914 shares, the short-interest ratio is presently 0.7 days. Approximately 0.1% of the shares of the stock are short sold.

VictoryShares International Free Cash Flow Growth ETF Price Performance

Shares of NASDAQ:GRIN traded down $0.58 during midday trading on Thursday, reaching $31.70. The company’s stock had a trading volume of 942 shares, compared to its average volume of 35,901. VictoryShares International Free Cash Flow Growth ETF has a fifty-two week low of $24.79 and a fifty-two week high of $34.54. The company has a market capitalization of $272.62 million, a P/E ratio of -63.40 and a beta of 2.52. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.13 and a quick ratio of 1.01. The business’s fifty day simple moving average is $32.31 and its 200-day simple moving average is $30.36.

VictoryShares International Free Cash Flow Growth ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a dividend of $0.0051 per share. The ex-dividend date was Thursday, July 9th. This represents a c) dividend on an annualized basis and a dividend yield of 0.2%. VictoryShares International Free Cash Flow Growth ETF’s payout ratio is presently -34.00%.

Hedge Funds Weigh In On VictoryShares International Free Cash Flow Growth ETF

Several hedge funds have recently added to or reduced their stakes in GRIN. Victory Capital Management Inc. grew its holdings in VictoryShares International Free Cash Flow Growth ETF by 78.7% during the fourth quarter. Victory Capital Management Inc. now owns 6,198,468 shares of the company’s stock valued at $171,274,000 after purchasing an additional 2,730,184 shares during the period. Jane Street Group LLC bought a new position in shares of VictoryShares International Free Cash Flow Growth ETF during the second quarter worth $968,000. Citadel Advisors LLC acquired a new position in shares of VictoryShares International Free Cash Flow Growth ETF in the 3rd quarter valued at $267,000. Finally, Sunbelt Securities Inc. bought a new stake in shares of VictoryShares International Free Cash Flow Growth ETF in the 3rd quarter valued at $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.