Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Decreases By 67.4%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a significant drop in short interest in March. As of March 13th, there was short interest totaling 54,066 shares, a drop of 67.4% from the February 26th total of 166,038 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,287,068 shares, the short-interest ratio is presently 0.0 days.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of VictoryShares Free Cash Flow ETF by 7.2% in the 3rd quarter. Bank of America Corp DE now owns 13,531,911 shares of the company’s stock valued at $507,447,000 after acquiring an additional 912,446 shares during the last quarter. LPL Financial LLC lifted its stake in shares of VictoryShares Free Cash Flow ETF by 11.3% in the 4th quarter. LPL Financial LLC now owns 12,280,049 shares of the company’s stock valued at $483,588,000 after purchasing an additional 1,249,407 shares during the last quarter. Morgan Stanley lifted its stake in shares of VictoryShares Free Cash Flow ETF by 22.1% in the 4th quarter. Morgan Stanley now owns 11,931,199 shares of the company’s stock valued at $469,851,000 after purchasing an additional 2,158,181 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of VictoryShares Free Cash Flow ETF by 9.8% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 7,399,957 shares of the company’s stock worth $291,410,000 after purchasing an additional 659,124 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of VictoryShares Free Cash Flow ETF by 17.4% during the 4th quarter. Wells Fargo & Company MN now owns 6,226,521 shares of the company’s stock valued at $245,200,000 after purchasing an additional 921,401 shares during the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

Shares of VFLO stock traded up $0.15 during trading hours on Thursday, hitting $39.96. The stock had a trading volume of 198,138 shares, compared to its average volume of 1,213,895. The stock has a market capitalization of $5.98 billion, a price-to-earnings ratio of 13.70 and a beta of 0.91. VictoryShares Free Cash Flow ETF has a one year low of $29.48 and a one year high of $40.74. The stock’s 50-day moving average price is $39.86 and its two-hundred day moving average price is $38.91.

VictoryShares Free Cash Flow ETF Dividend Announcement

The company also recently disclosed a monthly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, March 10th were paid a $0.0496 dividend. The ex-dividend date of this dividend was Tuesday, March 10th. This represents a c) dividend on an annualized basis and a yield of 1.5%.

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.