VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Up 30.1% in April

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a large growth in short interest in April. As of April 15th, there was short interest totalling 54,500 shares, a growth of 30.1% from the March 31st total of 41,900 shares. Based on an average daily trading volume, of 121,100 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On VictoryShares Free Cash Flow ETF

A number of institutional investors have recently modified their holdings of the company. Raymond James Financial Services Advisors Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF during the fourth quarter worth approximately $360,000. Raymond James & Associates purchased a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter valued at $368,000. Commonwealth Equity Services LLC raised its position in VictoryShares Free Cash Flow ETF by 101.4% in the 1st quarter. Commonwealth Equity Services LLC now owns 41,315 shares of the company’s stock valued at $1,339,000 after buying an additional 20,798 shares during the last quarter. Financial Enhancement Group LLC purchased a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter valued at $672,000. Finally, VitalStone Financial LLC purchased a new stake in VictoryShares Free Cash Flow ETF in the 4th quarter valued at $1,312,000.

VictoryShares Free Cash Flow ETF Stock Performance

Shares of VictoryShares Free Cash Flow ETF stock traded down $0.51 on Tuesday, reaching $31.05. 116,430 shares of the company’s stock were exchanged, compared to its average volume of 104,481. The company has a market capitalization of $292.18 million, a P/E ratio of 13.70 and a beta of 0.73. VictoryShares Free Cash Flow ETF has a 52 week low of $24.61 and a 52 week high of $32.54. The firm’s 50-day moving average is $31.12 and its two-hundred day moving average is $28.69.

VictoryShares Free Cash Flow ETF Dividend Announcement

The company also recently announced a monthly dividend, which was paid on Monday, April 15th. Stockholders of record on Friday, April 12th were given a dividend of $0.0087 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date was Thursday, April 11th.

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.