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

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 225,861 shares, a decline of 29.9% from the December 31st total of 321,991 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 1,329,276 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 1,329,276 shares, the short-interest ratio is currently 0.2 days. Approximately 0.2% of the company’s shares are sold short.

Hedge Funds Weigh In On VictoryShares Free Cash Flow ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE increased its position in shares of VictoryShares Free Cash Flow ETF by 7.2% during the third quarter. Bank of America Corp DE now owns 13,531,911 shares of the company’s stock worth $507,447,000 after acquiring an additional 912,446 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in VictoryShares Free Cash Flow ETF by 6.3% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 6,740,833 shares of the company’s stock worth $252,781,000 after purchasing an additional 398,850 shares during the period. Allworth Financial LP boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 2.0% in the 2nd quarter. Allworth Financial LP now owns 6,704,169 shares of the company’s stock valued at $236,992,000 after buying an additional 131,110 shares during the period. Raymond James Financial Inc. grew its holdings in shares of VictoryShares Free Cash Flow ETF by 23.6% during the third quarter. Raymond James Financial Inc. now owns 4,236,356 shares of the company’s stock valued at $158,863,000 after purchasing an additional 809,655 shares during the last quarter. Finally, Victory Capital Management Inc. increased its position in VictoryShares Free Cash Flow ETF by 2.9% in the third quarter. Victory Capital Management Inc. now owns 4,051,250 shares of the company’s stock worth $151,922,000 after buying an additional 115,000 shares during the period.

VictoryShares Free Cash Flow ETF Price Performance

VFLO stock traded down $0.07 on Friday, hitting $39.47. 1,566,959 shares of the company were exchanged, compared to its average volume of 1,430,593. The stock has a market capitalization of $5.86 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a twelve month low of $29.48 and a twelve month high of $40.67. The business’s fifty day moving average is $39.55 and its two-hundred day moving average is $37.85.

VictoryShares Free Cash Flow ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were issued a $0.1502 dividend. The ex-dividend date was Thursday, December 11th. This represents a c) annualized dividend and a yield of 4.6%. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02.

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.