Short Interest in VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Increases By 142.2%

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) was the target of a significant increase in short interest in June. As of June 30th, there was short interest totaling 4,309 shares, an increase of 142.2% from the June 15th total of 1,779 shares. Based on an average trading volume of 9,480 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of VictoryShares WestEnd Global Equity ETF

Hedge funds have recently made changes to their positions in the stock. CWM LLC bought a new stake in shares of VictoryShares WestEnd Global Equity ETF in the fourth quarter worth $24,143,000. Janney Montgomery Scott LLC bought a new position in VictoryShares WestEnd Global Equity ETF during the 1st quarter valued at $2,343,000. Kestra Private Wealth Services LLC acquired a new position in VictoryShares WestEnd Global Equity ETF during the 4th quarter worth $1,065,000. Sanctuary Advisors LLC grew its holdings in VictoryShares WestEnd Global Equity ETF by 34.2% during the 4th quarter. Sanctuary Advisors LLC now owns 34,552 shares of the company’s stock worth $1,065,000 after acquiring an additional 8,797 shares in the last quarter. Finally, Citadel Advisors LLC bought a new stake in shares of VictoryShares WestEnd Global Equity ETF in the 3rd quarter worth about $232,000. Institutional investors and hedge funds own 1.59% of the company’s stock.

VictoryShares WestEnd Global Equity ETF Price Performance

GLOW traded up $0.01 on Tuesday, reaching $34.28. The company’s stock had a trading volume of 13,244 shares, compared to its average volume of 11,448. VictoryShares WestEnd Global Equity ETF has a 1 year low of $27.98 and a 1 year high of $34.89. The business’s 50 day moving average is $33.94 and its 200 day moving average is $32.31. The stock has a market cap of $59.99 million, a price-to-earnings ratio of -83.61 and a beta of 0.81.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a $0.1411 dividend. The ex-dividend date of this dividend was Thursday, July 9th. This is a positive change from VictoryShares WestEnd Global Equity ETF’s previous dividend of $0.03. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio is currently -102.44%.

VictoryShares WestEnd Global Equity ETF Company Profile

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.