VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) Sees Significant Decline in Short Interest

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 3,469 shares, a decline of 43.9% from the May 31st total of 6,183 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average trading volume of 18,177 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On VictoryShares International Free Cash Flow Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in GRIN. Sunbelt Securities Inc. acquired a new position in shares of VictoryShares International Free Cash Flow Growth ETF in the 3rd quarter valued at approximately $123,000. Citadel Advisors LLC acquired a new stake in shares of VictoryShares International Free Cash Flow Growth ETF during the 3rd quarter worth approximately $267,000. Jane Street Group LLC boosted its position in shares of VictoryShares International Free Cash Flow Growth ETF by 49.4% during the 4th quarter. Jane Street Group LLC now owns 23,753 shares of the company’s stock worth $656,000 after acquiring an additional 7,854 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in VictoryShares International Free Cash Flow Growth ETF by 745.9% in the third quarter. Victory Capital Management Inc. now owns 3,468,284 shares of the company’s stock valued at $94,667,000 after acquiring an additional 3,058,284 shares during the last quarter.

VictoryShares International Free Cash Flow Growth ETF Price Performance

Shares of GRIN traded down $0.69 during trading hours on Wednesday, hitting $33.07. 11,399 shares of the company were exchanged, compared to its average volume of 37,703. The company has a market cap of $284.40 million, a price-to-earnings ratio of -66.14 and a beta of 2.46. VictoryShares International Free Cash Flow Growth ETF has a fifty-two week low of $24.79 and a fifty-two week high of $34.54. The company has a quick ratio of 1.01, a current ratio of 1.13 and a debt-to-equity ratio of 0.51. The firm’s fifty day moving average is $31.85 and its 200 day moving average is $29.94.

VictoryShares International Free Cash Flow Growth ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.034 per share. The ex-dividend date was Tuesday, June 9th. This is a positive change from VictoryShares International Free Cash Flow Growth ETF’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a yield of 1.2%. VictoryShares International Free Cash Flow Growth ETF’s dividend payout ratio is currently -34.00%.

VictoryShares International Free Cash Flow Growth ETF Company Profile

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities.