Short Interest in VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Grows By 96.0%

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) saw a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 3,104 shares, an increase of 96.0% from the May 14th total of 1,584 shares. Based on an average daily volume of 9,686 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.2% of the company’s shares are short sold.

VictoryShares WestEnd Global Equity ETF Stock Performance

Shares of NASDAQ:GLOW traded up $0.17 during trading on Friday, reaching $34.13. The stock had a trading volume of 38,554 shares, compared to its average volume of 11,300. The firm’s fifty day moving average is $32.88 and its 200 day moving average is $31.77. VictoryShares WestEnd Global Equity ETF has a 52 week low of $27.23 and a 52 week high of $34.42. The stock has a market cap of $54.27 million, a price-to-earnings ratio of -83.24 and a beta of 0.83.

VictoryShares WestEnd Global Equity ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, April 10th. Stockholders of record on Thursday, April 9th were paid a $0.0277 dividend. The ex-dividend date of this dividend was Thursday, April 9th. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio is currently -92.68%.

Institutional Investors Weigh In On VictoryShares WestEnd Global Equity ETF

A number of institutional investors have recently modified their holdings of GLOW. CWM LLC acquired a new position in shares of VictoryShares WestEnd Global Equity ETF during the 4th quarter valued at $24,143,000. Kestra Private Wealth Services LLC acquired a new position in shares of VictoryShares WestEnd Global Equity ETF during the 4th quarter valued at $1,065,000. Sanctuary Advisors LLC lifted its position in shares of VictoryShares WestEnd Global Equity ETF by 34.2% during the 4th quarter. Sanctuary Advisors LLC now owns 34,552 shares of the company’s stock valued at $1,065,000 after acquiring an additional 8,797 shares during the period. DAVENPORT & Co LLC acquired a new position in shares of VictoryShares WestEnd Global Equity ETF during the 4th quarter valued at $223,000. Finally, Cary Street Partners Financial LLC acquired a new position in shares of VictoryShares WestEnd Global Equity ETF during the 3rd quarter valued at $211,000. 1.59% of the stock is owned by institutional investors.

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.