VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Sees Significant Decline in Short Interest

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 29,660 shares, a decrease of 64.0% from the April 30th total of 82,436 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 60,031 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of GFLW. Jane Street Group LLC bought a new position in VictoryShares Free Cash Flow Growth ETF in the 1st quarter valued at about $298,000. Creative Planning bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the second quarter worth approximately $221,000. Krilogy Financial LLC increased its holdings in shares of VictoryShares Free Cash Flow Growth ETF by 7.8% during the third quarter. Krilogy Financial LLC now owns 66,971 shares of the company’s stock worth $1,926,000 after purchasing an additional 4,856 shares during the period. Assetmark Inc. bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the third quarter worth approximately $52,000. Finally, HighTower Advisors LLC increased its holdings in shares of VictoryShares Free Cash Flow Growth ETF by 91.1% during the third quarter. HighTower Advisors LLC now owns 3,180,029 shares of the company’s stock worth $91,205,000 after purchasing an additional 1,516,213 shares during the period.

VictoryShares Free Cash Flow Growth ETF Price Performance

VictoryShares Free Cash Flow Growth ETF stock traded up $0.51 during trading hours on Friday, hitting $32.33. The company had a trading volume of 47,282 shares, compared to its average volume of 173,660. The firm has a market cap of $791.44 million, a PE ratio of 33.38 and a beta of 1.21. VictoryShares Free Cash Flow Growth ETF has a one year low of $24.71 and a one year high of $32.33. The firm has a 50-day moving average of $29.01 and a 200 day moving average of $28.36.

About VictoryShares Free Cash Flow Growth ETF

The VictoryShares Free Cash Flow Growth ETF (GFLW) is an exchange-traded fund that is based on the Victory Free Cash Flow Growth index. The fund tracks an index composed of 100 US large-cap growth companies selected based on positive free cash flow trend, earnings, and ROI. Holdings are weighted in the portfolio based on a combination of free cash flow and momentum. GFLW was launched on Dec 3, 2024 and is issued by VictoryShares.