VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Significant Drop in Short Interest

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 135,497 shares, a decline of 40.0% from the January 15th total of 225,861 shares. Based on an average daily volume of 1,528,216 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,528,216 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VFLO. Kingdom Financial Group LLC. purchased a new position in shares of VictoryShares Free Cash Flow ETF during the 4th quarter valued at approximately $25,000. Geneos Wealth Management Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 187.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after acquiring an additional 750 shares during the last quarter. Assetmark Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 285.3% during the 3rd quarter. Assetmark Inc. now owns 1,202 shares of the company’s stock valued at $45,000 after acquiring an additional 890 shares during the last quarter. Zions Bancorporation National Association UT acquired a new position in VictoryShares Free Cash Flow ETF during the 4th quarter worth $52,000. Finally, MCF Advisors LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter worth about $65,000.

VictoryShares Free Cash Flow ETF Trading Up 1.3%

VFLO opened at $40.26 on Friday. The company has a fifty day simple moving average of $39.78 and a 200 day simple moving average of $38.14. The firm has a market cap of $6.03 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.

VictoryShares Free Cash Flow ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were given a $0.1502 dividend. This represents a c) dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend was Thursday, December 11th. This is an increase from VictoryShares Free Cash Flow ETF’s previous monthly dividend of $0.02.

About VictoryShares Free Cash Flow ETF

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.