VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Short Interest Update

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) was the target of a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 64,057 shares, a growth of 116.0% from the May 14th total of 29,660 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 56,813 shares, the days-to-cover ratio is presently 1.1 days.

VictoryShares Free Cash Flow Growth ETF Price Performance

VictoryShares Free Cash Flow Growth ETF stock traded up $0.29 during mid-day trading on Friday, hitting $32.51. 128,133 shares of the company were exchanged, compared to its average volume of 165,992. The business’s 50 day simple moving average is $30.17 and its two-hundred day simple moving average is $28.68. The company has a market capitalization of $795.84 million, a P/E ratio of 33.38 and a beta of 1.26. VictoryShares Free Cash Flow Growth ETF has a 12-month low of $24.87 and a 12-month high of $32.97.

Institutional Investors Weigh In On VictoryShares Free Cash Flow Growth ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in GFLW. HighTower Advisors LLC increased its stake in VictoryShares Free Cash Flow Growth ETF by 91.1% during the third quarter. HighTower Advisors LLC now owns 3,180,029 shares of the company’s stock worth $91,205,000 after acquiring an additional 1,516,213 shares during the last quarter. Victory Capital Management Inc. boosted its position in shares of VictoryShares Free Cash Flow Growth ETF by 7.3% in the fourth quarter. Victory Capital Management Inc. now owns 11,440,479 shares of the company’s stock worth $322,164,000 after buying an additional 775,000 shares during the period. Composition Wealth LLC boosted its position in shares of VictoryShares Free Cash Flow Growth ETF by 16.1% in the fourth quarter. Composition Wealth LLC now owns 1,694,732 shares of the company’s stock worth $47,724,000 after buying an additional 235,013 shares during the period. Bank of America Corp DE purchased a new stake in shares of VictoryShares Free Cash Flow Growth ETF in the third quarter worth about $5,844,000. Finally, Brookwood Investment Group LLC purchased a new stake in shares of VictoryShares Free Cash Flow Growth ETF in the fourth quarter worth about $4,539,000.

VictoryShares Free Cash Flow Growth ETF Company Profile

The VictoryShares Free Cash Flow Growth ETF (GFLW) is an exchange-traded fund that is based on the Victory Free Cash Flow Growth index. The fund tracks an index composed of 100 US large-cap growth companies selected based on positive free cash flow trend, earnings, and ROI. Holdings are weighted in the portfolio based on a combination of free cash flow and momentum. GFLW was launched on Dec 3, 2024 and is issued by VictoryShares.