VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Update

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 369,761 shares, an increase of 130.3% from the June 15th total of 160,574 shares. Based on an average daily volume of 1,043,882 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.2% of the shares of the stock are sold short.

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

A number of large investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC purchased a new stake in VictoryShares Free Cash Flow ETF during the first quarter valued at approximately $737,000. Goldman Sachs Group Inc. bought a new stake in VictoryShares Free Cash Flow ETF during the first quarter valued at about $4,233,000. Jane Street Group LLC grew its holdings in VictoryShares Free Cash Flow ETF by 409.5% during the 1st quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock valued at $9,375,000 after buying an additional 219,816 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in VictoryShares Free Cash Flow ETF by 187.5% in 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. Finally, JPMorgan Chase & Co. boosted its stake in VictoryShares Free Cash Flow ETF by 5,081.9% during the second quarter. JPMorgan Chase & Co. now owns 111,930 shares of the company’s stock valued at $3,957,000 after buying an additional 109,770 shares during the last quarter.

VictoryShares Free Cash Flow ETF Stock Performance

VFLO stock opened at $47.50 on Thursday. The firm’s fifty day moving average is $45.50 and its 200 day moving average is $42.04. VictoryShares Free Cash Flow ETF has a 52 week low of $34.11 and a 52 week high of $48.24. The firm has a market cap of $8.21 billion, a P/E ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were issued a dividend of $0.0249 per share. This represents a c) dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Thursday, July 9th.

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.