VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Short Interest Down 63.7% in August

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) was the recipient of a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 38,792 shares, a decline of 63.7% from the August 15th total of 106,892 shares. Based on an average daily volume of 114,813 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the shares of the stock are sold short.

VictoryShares Free Cash Flow Growth ETF Stock Performance

GFLW stock traded down $0.18 on Monday, reaching $33.03. The company had a trading volume of 115,559 shares, compared to its average volume of 166,425. The company’s fifty day moving average is $33.28 and its 200 day moving average is $30.98. The company has a market cap of $918.23 million, a P/E ratio of 33.38 and a beta of 1.25. VictoryShares Free Cash Flow Growth ETF has a 1 year low of $25.00 and a 1 year high of $34.94.

VictoryShares Free Cash Flow Growth ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were issued a $0.1129 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date of this dividend was Wednesday, September 9th.

Institutional Trading of VictoryShares Free Cash Flow Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Victory Capital Management Inc. raised its stake in VictoryShares Free Cash Flow Growth ETF by 7.3% in the 4th quarter. Victory Capital Management Inc. now owns 11,440,479 shares of the company’s stock valued at $322,164,000 after purchasing an additional 775,000 shares during the last quarter. HighTower Advisors LLC boosted its stake in shares of VictoryShares Free Cash Flow Growth ETF by 3.5% during the 4th quarter. HighTower Advisors LLC now owns 3,289,863 shares of the company’s stock worth $92,643,000 after purchasing an additional 109,834 shares during the last quarter. Kirkwood Financial Services acquired a new stake in shares of VictoryShares Free Cash Flow Growth ETF during the 2nd quarter worth about $18,385,000. Tradition Wealth Management LLC grew its holdings in shares of VictoryShares Free Cash Flow Growth ETF by 50.7% during the fourth quarter. Tradition Wealth Management LLC now owns 147,942 shares of the company’s stock worth $4,166,000 after buying an additional 49,743 shares in the last quarter. Finally, Parallel Advisors LLC grew its holdings in shares of VictoryShares Free Cash Flow Growth ETF by 585.2% during the first quarter. Parallel Advisors LLC now owns 144,322 shares of the company’s stock worth $3,795,000 after buying an additional 123,260 shares in the last quarter.

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.