VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Short Interest Up 82.8% in July

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 7,878 shares, an increase of 82.8% from the June 30th total of 4,309 shares. Based on an average daily volume of 13,745 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.4% of the shares of the stock are short sold.

VictoryShares WestEnd Global Equity ETF Trading Up 1.7%

GLOW stock traded up $0.57 during midday trading on Thursday, reaching $34.21. The stock had a trading volume of 2,041 shares, compared to its average volume of 11,259. VictoryShares WestEnd Global Equity ETF has a 52-week low of $27.98 and a 52-week high of $34.89. The company’s fifty day simple moving average is $34.15 and its 200 day simple moving average is $32.56. The company has a market cap of $63.29 million, a price-to-earnings ratio of -83.44 and a beta of 0.81.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a $0.1411 dividend. This is a positive change from VictoryShares WestEnd Global Equity ETF’s previous dividend of $0.03. The ex-dividend date was Thursday, July 9th. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio (DPR) is currently -102.44%.

Hedge Funds Weigh In On VictoryShares WestEnd Global Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada raised its holdings in VictoryShares WestEnd Global Equity ETF by 222.9% in the 1st quarter. Royal Bank of Canada now owns 10,282 shares of the company’s stock valued at $310,000 after acquiring an additional 7,098 shares during the last quarter. Sanctuary Advisors LLC lifted its stake in VictoryShares WestEnd Global Equity ETF by 5.0% in the 1st quarter. Sanctuary Advisors LLC now owns 36,289 shares of the company’s stock worth $1,095,000 after purchasing an additional 1,737 shares in the last quarter. Janney Montgomery Scott LLC acquired a new position in shares of VictoryShares WestEnd Global Equity ETF during the 1st quarter worth approximately $2,343,000. Kestra Private Wealth Services LLC boosted its holdings in shares of VictoryShares WestEnd Global Equity ETF by 6.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 36,835 shares of the company’s stock worth $1,112,000 after purchasing an additional 2,299 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in shares of VictoryShares WestEnd Global Equity ETF in the fourth quarter valued at approximately $237,000. 1.59% of the stock is currently owned by institutional investors and hedge funds.

VictoryShares WestEnd Global Equity ETF Company Profile

The VictoryShares WestEnd Global Equity ETF (GLOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in equity ETFs. Selection is based on various macroeconomic indicators and key ETF factors. GLOW was launched on Jun 20, 2024 and is issued by VictoryShares.