VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Short Interest Update

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,779 shares, a drop of 42.7% from the May 31st total of 3,104 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily volume of 10,892 shares, the short-interest ratio is currently 0.2 days.

VictoryShares WestEnd Global Equity ETF Stock Down 0.4%

Shares of NASDAQ GLOW traded down $0.13 during trading on Wednesday, hitting $34.51. 20,797 shares of the company traded hands, compared to its average volume of 11,280. The firm has a market capitalization of $54.87 million, a P/E ratio of -84.17 and a beta of 0.83. The company has a 50-day moving average price of $33.57 and a 200-day moving average price of $32.08. VictoryShares WestEnd Global Equity ETF has a 1 year low of $27.98 and a 1 year high of $34.68.

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 paid a dividend of $0.0277 per share. The ex-dividend date was Thursday, April 9th. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio is currently -92.68%.

Institutional Trading of VictoryShares WestEnd Global Equity ETF

A number of institutional investors have recently modified their holdings of GLOW. Royal Bank of Canada raised its holdings in VictoryShares WestEnd Global Equity ETF by 222.9% in the first quarter. Royal Bank of Canada now owns 10,282 shares of the company’s stock valued at $310,000 after buying an additional 7,098 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of VictoryShares WestEnd Global Equity ETF by 5.0% during the 1st quarter. Sanctuary Advisors LLC now owns 36,289 shares of the company’s stock valued at $1,095,000 after acquiring an additional 1,737 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in VictoryShares WestEnd Global Equity ETF in the 1st quarter valued at $2,343,000. Kestra Private Wealth Services LLC raised its position in VictoryShares WestEnd Global Equity ETF by 6.7% in the first quarter. Kestra Private Wealth Services LLC now owns 36,835 shares of the company’s stock valued at $1,112,000 after purchasing an additional 2,299 shares during the period. Finally, Jane Street Group LLC acquired a new position in shares of VictoryShares WestEnd Global Equity ETF during the fourth quarter worth about $237,000. Hedge funds and other institutional investors own 1.59% of the company’s stock.

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.