Short Interest in VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Expands By 71.7%

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 139,913 shares, a growth of 71.7% from the July 15th total of 81,477 shares. Approximately 0.5% of the shares of the company are short sold. Based on an average trading volume of 125,840 shares, the days-to-cover ratio is presently 1.1 days.

Hedge Funds Weigh In On VictoryShares Free Cash Flow Growth ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. bought a new position in VictoryShares Free Cash Flow Growth ETF during the first quarter valued at about $32,000. JPMorgan Chase & Co. bought a new stake in VictoryShares Free Cash Flow Growth ETF in the third quarter worth about $34,000. IFP Advisors Inc purchased a new position in VictoryShares Free Cash Flow Growth ETF in the fourth quarter valued at about $59,000. Northwestern Mutual Wealth Management Co. purchased a new position in VictoryShares Free Cash Flow Growth ETF in the third quarter valued at about $69,000. Finally, Royal Bank of Canada bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the 4th quarter valued at approximately $96,000.

VictoryShares Free Cash Flow Growth ETF Stock Down 1.4%

GFLW stock traded down $0.48 during midday trading on Tuesday, hitting $34.31. The company’s stock had a trading volume of 53,695 shares, compared to its average volume of 168,638. The stock has a market cap of $953.82 million, a price-to-earnings ratio of 33.38 and a beta of 1.23. The stock’s 50-day moving average price is $32.93 and its 200 day moving average price is $30.14. VictoryShares Free Cash Flow Growth ETF has a 1 year low of $25.00 and a 1 year high of $34.94.

About VictoryShares Free Cash Flow Growth ETF

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.