VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Stock Short Interest Jumps 188.7%

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 101,790 shares, a growth of 188.7% from the September 30th total of 35,257 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 305,385 shares, the days-to-cover ratio is currently 0.3 days.

VictoryShares Free Cash Flow Growth ETF Stock Down 3.5%

Shares of NASDAQ GFLW opened at $31.32 on Friday. VictoryShares Free Cash Flow Growth ETF has a 12 month low of $25.00 and a 12 month high of $34.94. The company has a market cap of $1.13 billion, a P/E ratio of 33.38 and a beta of 1.25. The business’s 50 day moving average is $33.33 and its two-hundred day moving average is $30.92.

VictoryShares Free Cash Flow Growth ETF Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were paid a $0.1129 dividend. The ex-dividend date was Wednesday, September 9th. This represents a $1.35 annualized dividend and a dividend yield of 4.3%.

Hedge Funds Weigh In On VictoryShares Free Cash Flow Growth ETF

A number of institutional investors and hedge funds have recently bought and sold shares of GFLW. Kirkwood Financial Services acquired a new position in VictoryShares Free Cash Flow Growth ETF in the 2nd quarter valued at approximately $18,385,000. Flagship Harbor Advisors LLC acquired a new stake in shares of VictoryShares Free Cash Flow Growth ETF in the 3rd quarter valued at $7,727,000. Triumph Capital Management boosted its position in VictoryShares Free Cash Flow Growth ETF by 157.4% in the third quarter. Triumph Capital Management now owns 170,878 shares of the company’s stock valued at $5,709,000 after buying an additional 104,483 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of VictoryShares Free Cash Flow Growth ETF by 585.2% in the 1st quarter. Parallel Advisors LLC now owns 144,322 shares of the company’s stock worth $3,795,000 after acquiring an additional 123,260 shares in the last quarter. Finally, Sunbelt Securities Inc. grew its holdings in shares of VictoryShares Free Cash Flow Growth ETF by 4.3% during the first quarter. Sunbelt Securities Inc. now owns 137,598 shares of the company’s stock worth $3,618,000 after purchasing an additional 5,697 shares during the last quarter.

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.