VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Short Interest Down 67.3% in April

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the target of a large drop in short interest in the month of April. As of April 30th, there was short interest totaling 743 shares, a drop of 67.3% from the April 15th total of 2,269 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 5,723 shares, the short-interest ratio is currently 0.1 days.

VictoryShares WestEnd Global Equity ETF Stock Performance

VictoryShares WestEnd Global Equity ETF stock traded down $0.51 during mid-day trading on Friday, reaching $33.02. 9,297 shares of the company were exchanged, compared to its average volume of 11,589. The business has a fifty day moving average of $31.53 and a 200 day moving average of $31.29. The firm has a market cap of $52.50 million, a P/E ratio of -80.54 and a beta of 0.82. VictoryShares WestEnd Global Equity ETF has a 12-month low of $24.48 and a 12-month high of $33.63.

VictoryShares WestEnd Global Equity ETF Dividend Announcement

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

Institutional Trading of VictoryShares WestEnd Global Equity ETF

Several hedge funds have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in VictoryShares WestEnd Global Equity ETF by 4,514.5% in the 4th quarter. Royal Bank of Canada now owns 3,184 shares of the company’s stock worth $98,000 after buying an additional 3,115 shares during the period. Cary Street Partners Financial LLC acquired a new position in VictoryShares WestEnd Global Equity ETF in the 3rd quarter worth approximately $211,000. DAVENPORT & Co LLC acquired a new stake in shares of VictoryShares WestEnd Global Equity ETF in the fourth quarter worth $223,000. Citadel Advisors LLC acquired a new stake in shares of VictoryShares WestEnd Global Equity ETF in the third quarter worth $232,000. Finally, Jane Street Group LLC purchased a new position in shares of VictoryShares WestEnd Global Equity ETF during the fourth quarter worth $237,000. 1.59% of the stock is owned by hedge funds and other institutional investors.

About VictoryShares WestEnd Global Equity ETF

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.