VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Down 67.5% in February

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a large drop in short interest in February. As of February 28th, there was short interest totalling 432,600 shares, a drop of 67.5% from the February 13th total of 1,330,000 shares. Based on an average daily volume of 1,270,700 shares, the short-interest ratio is currently 0.3 days. Approximately 0.7% of the shares of the stock are short sold.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO opened at $33.49 on Friday. The firm has a 50 day simple moving average of $35.26 and a 200-day simple moving average of $34.52. VictoryShares Free Cash Flow ETF has a 1-year low of $30.19 and a 1-year high of $37.04. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 14.05 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were paid a dividend of $0.0638 per share. This is a boost from VictoryShares Free Cash Flow ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, March 10th.

Institutional Trading of VictoryShares Free Cash Flow ETF

A number of hedge funds have recently bought and sold shares of VFLO. Stifel Financial Corp increased its stake in VictoryShares Free Cash Flow ETF by 47.6% during the 3rd quarter. Stifel Financial Corp now owns 31,728 shares of the company’s stock worth $1,057,000 after buying an additional 10,235 shares during the period. FMR LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF in the 3rd quarter valued at about $31,000. StoneX Group Inc. boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 1,903.2% in the 3rd quarter. StoneX Group Inc. now owns 481,324 shares of the company’s stock valued at $16,028,000 after buying an additional 457,296 shares during the period. Sigma Planning Corp acquired a new position in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at about $236,000. Finally, Private Trust Co. NA acquired a new position in VictoryShares Free Cash Flow ETF during the 3rd quarter valued at about $67,000.

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.