Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Declines By 16.9%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a large drop in short interest in January. As of January 15th, there was short interest totalling 690,600 shares, a drop of 16.9% from the December 31st total of 831,400 shares. Based on an average daily trading volume, of 731,700 shares, the short-interest ratio is currently 0.9 days.

Hedge Funds Weigh In On VictoryShares Free Cash Flow ETF

Several hedge funds have recently added to or reduced their stakes in the company. Annex Advisory Services LLC purchased a new position in shares of VictoryShares Free Cash Flow ETF during the third quarter valued at approximately $96,294,000. Miracle Mile Advisors LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF by 0.7% during the 3rd quarter. Miracle Mile Advisors LLC now owns 2,670,965 shares of the company’s stock worth $88,943,000 after acquiring an additional 17,888 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in VictoryShares Free Cash Flow ETF by 1.3% during the 3rd quarter. Victory Capital Management Inc. now owns 2,389,979 shares of the company’s stock valued at $79,586,000 after acquiring an additional 30,000 shares during the period. Traphagen Investment Advisors LLC grew its position in VictoryShares Free Cash Flow ETF by 2.7% in the 4th quarter. Traphagen Investment Advisors LLC now owns 1,659,799 shares of the company’s stock valued at $56,583,000 after acquiring an additional 42,885 shares during the last quarter. Finally, Krilogy Financial LLC increased its stake in VictoryShares Free Cash Flow ETF by 6.6% in the fourth quarter. Krilogy Financial LLC now owns 959,449 shares of the company’s stock worth $32,708,000 after purchasing an additional 59,534 shares during the period.

VictoryShares Free Cash Flow ETF Trading Down 1.4 %

NASDAQ:VFLO traded down $0.52 during midday trading on Friday, hitting $35.51. 1,340,891 shares of the company traded hands, compared to its average volume of 1,154,660. The firm has a market capitalization of $2.18 billion, a P/E ratio of 13.10 and a beta of 0.75. The firm’s fifty day moving average is $35.29 and its 200-day moving average is $33.88. VictoryShares Free Cash Flow ETF has a 12-month low of $28.15 and a 12-month high of $37.04.

VictoryShares Free Cash Flow ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were issued a $0.0062 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

VictoryShares Free Cash Flow ETF Company Profile

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.