VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Up 130.3% in June

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 369,761 shares, an increase of 130.3% from the June 15th total of 160,574 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 1,043,882 shares, the days-to-cover ratio is currently 0.4 days.

VictoryShares Free Cash Flow ETF Stock Up 0.9%

NASDAQ:VFLO opened at $47.84 on Tuesday. The company has a market capitalization of $8.27 billion, a PE ratio of 13.70 and a beta of 0.85. VictoryShares Free Cash Flow ETF has a 52-week low of $34.11 and a 52-week high of $48.24. The stock’s 50 day moving average price is $45.33 and its 200 day moving average price is $41.93.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were issued a $0.0249 dividend. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Thursday, July 9th.

Hedge Funds Weigh In On VictoryShares Free Cash Flow ETF

Hedge funds have recently modified their holdings of the business. AQR Capital Management LLC acquired a new stake in VictoryShares Free Cash Flow ETF during the 1st quarter worth $737,000. Goldman Sachs Group Inc. acquired a new position in VictoryShares Free Cash Flow ETF in the first quarter valued at $4,233,000. Jane Street Group LLC increased its stake in VictoryShares Free Cash Flow ETF by 409.5% in the first quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock valued at $9,375,000 after purchasing an additional 219,816 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of VictoryShares Free Cash Flow ETF by 187.5% in the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after buying an additional 750 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of VictoryShares Free Cash Flow ETF by 5,081.9% in the second quarter. JPMorgan Chase & Co. now owns 111,930 shares of the company’s stock valued at $3,957,000 after buying an additional 109,770 shares during the last quarter.

VictoryShares Free Cash Flow ETF Company Profile

The VictoryShares Free Cash Flow ETF (VFLO) is an exchange-traded fund that is based on the Victory US Large Cap Free Cash Flow index. The fund tracks an index composed of the largest U.S. companies based on profit that are perceived to have strong free cash flow yields and high growth metrics VFLO was launched on Jun 21, 2023 and is managed by VictoryShares.