Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Decreases By 67.4%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 54,066 shares, a decrease of 67.4% from the February 26th total of 166,038 shares. Based on an average daily volume of 1,287,068 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,287,068 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VFLO. Wealth Enhancement Advisory Services LLC increased its holdings in VictoryShares Free Cash Flow ETF by 7.7% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 176,577 shares of the company’s stock worth $6,678,000 after purchasing an additional 12,593 shares in the last quarter. Modern Wealth Management LLC acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the 2nd quarter valued at about $35,714,000. D.A. Davidson & CO. bought a new stake in shares of VictoryShares Free Cash Flow ETF in the third quarter valued at about $499,000. Sepio Capital LP boosted its position in shares of VictoryShares Free Cash Flow ETF by 4.1% during the second quarter. Sepio Capital LP now owns 536,518 shares of the company’s stock worth $18,966,000 after buying an additional 21,150 shares during the period. Finally, Hudock Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter worth about $9,489,000.

VictoryShares Free Cash Flow ETF Stock Down 0.2%

VictoryShares Free Cash Flow ETF stock opened at $39.53 on Wednesday. The business’s 50-day simple moving average is $39.87 and its 200 day simple moving average is $38.90. The stock has a market cap of $5.92 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a 12-month low of $29.48 and a 12-month high of $40.74.

VictoryShares Free Cash Flow ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were given a $0.0496 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Tuesday, March 10th.

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.