Short Interest in VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Decreases By 80.7%

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 1,458 shares, a drop of 80.7% from the July 30th total of 7,570 shares. Based on an average daily trading volume, of 14,922 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada lifted its position in VictoryShares WestEnd Global Equity ETF by 4,514.5% in the fourth quarter. Royal Bank of Canada now owns 3,184 shares of the company’s stock valued at $98,000 after purchasing an additional 3,115 shares during the period. Citadel Advisors LLC purchased a new position in shares of VictoryShares WestEnd Global Equity ETF during the 3rd quarter worth approximately $232,000. Jane Street Group LLC acquired a new stake in shares of VictoryShares WestEnd Global Equity ETF in the 4th quarter valued at approximately $237,000. Cary Street Partners Financial LLC lifted its holdings in shares of VictoryShares WestEnd Global Equity ETF by 21.5% in the 4th quarter. Cary Street Partners Financial LLC now owns 8,490 shares of the company’s stock valued at $262,000 after buying an additional 1,500 shares during the period. Finally, Sanctuary Advisors LLC grew its holdings in VictoryShares WestEnd Global Equity ETF by 34.2% during the fourth quarter. Sanctuary Advisors LLC now owns 34,552 shares of the company’s stock worth $1,065,000 after acquiring an additional 8,797 shares during the period. 1.59% of the stock is currently owned by institutional investors and hedge funds.

VictoryShares WestEnd Global Equity ETF Stock Down 0.1%

GLOW traded down $0.05 on Wednesday, hitting $35.41. 5,646 shares of the company traded hands, compared to its average volume of 11,173. The company has a 50 day moving average of $34.59 and a 200-day moving average of $33.03. The stock has a market capitalization of $65.86 million, a PE ratio of -86.37 and a beta of 0.82. VictoryShares WestEnd Global Equity ETF has a 12-month low of $28.67 and a 12-month high of $35.58.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were given a $0.1411 dividend. This is a positive change from VictoryShares WestEnd Global Equity ETF’s previous dividend of $0.03. The ex-dividend date was Thursday, July 9th. VictoryShares WestEnd Global Equity ETF’s payout ratio is -102.44%.

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.