VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO) Sees Significant Growth in Short Interest

VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO) saw a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 27,555 shares, an increase of 79.8% from the September 15th total of 15,323 shares. Based on an average trading volume of 140,532 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Triumph Capital Management lifted its stake in shares of VictoryShares Small Cap Free Cash Flow ETF by 48.8% in the 3rd quarter. Triumph Capital Management now owns 145,436 shares of the company’s stock valued at $5,412,000 after purchasing an additional 47,685 shares in the last quarter. GK Wealth Management LLC purchased a new stake in shares of VictoryShares Small Cap Free Cash Flow ETF during the 3rd quarter worth about $205,000. Envestnet Asset Management Inc. grew its holdings in shares of VictoryShares Small Cap Free Cash Flow ETF by 8.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 382,107 shares of the company’s stock worth $13,068,000 after purchasing an additional 29,440 shares during the period. Integrated Wealth Concepts LLC acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF during the 2nd quarter worth approximately $234,000. Finally, Operose Advisors LLC acquired a new stake in VictoryShares Small Cap Free Cash Flow ETF during the 2nd quarter worth approximately $49,000.

VictoryShares Small Cap Free Cash Flow ETF Price Performance

NASDAQ:SFLO traded down $0.37 during trading hours on Friday, reaching $38.75. 202,593 shares of the company were exchanged, compared to its average volume of 98,385. The firm has a market cap of $832.35 million, a price-to-earnings ratio of 10.93 and a beta of 0.90. VictoryShares Small Cap Free Cash Flow ETF has a 52-week low of $27.45 and a 52-week high of $42.00. The stock has a 50 day simple moving average of $38.85 and a 200 day simple moving average of $35.50.

VictoryShares Small Cap Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were paid a dividend of $0.0342 per share. The ex-dividend date of this dividend was Thursday, October 8th. This represents a $0.41 annualized dividend and a dividend yield of 1.1%. This is a drop from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.0498.

About VictoryShares Small Cap Free Cash Flow ETF

The VictoryShares Small Cap Free Cash Flow ETF (SFLO) is an exchange-traded fund that is based on the Victory US Small Cap Free Cash Flow index. The fund tracks an index composed of 200 small-cap US companies based on profit that are perceived to have strong free cash flow yields and high growth metrics. SFLO was launched on Dec 21, 2023 and is issued by VictoryShares.