VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) Sees Large Increase in Short Interest

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) saw a significant increase in short interest in the month of June. As of June 30th, there was short interest totaling 7,258 shares, an increase of 109.2% from the June 15th total of 3,469 shares. Based on an average trading volume of 9,914 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.1% of the shares of the company are short sold.

VictoryShares International Free Cash Flow Growth ETF Stock Performance

Shares of VictoryShares International Free Cash Flow Growth ETF stock traded up $0.08 during trading hours on Wednesday, reaching $32.30. 1,216 shares of the stock traded hands, compared to its average volume of 36,436. VictoryShares International Free Cash Flow Growth ETF has a one year low of $24.79 and a one year high of $34.54. The firm has a market capitalization of $277.78 million, a price-to-earnings ratio of -64.60 and a beta of 2.58. The company has a quick ratio of 1.01, a current ratio of 1.13 and a debt-to-equity ratio of 0.51. The company has a 50 day moving average price of $32.30 and a 200 day moving average price of $30.30.

VictoryShares International Free Cash Flow Growth ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were given a $0.0051 dividend. The ex-dividend date was Thursday, July 9th. This represents a c) annualized dividend and a yield of 0.2%. VictoryShares International Free Cash Flow Growth ETF’s dividend payout ratio (DPR) is presently -34.00%.

Institutional Investors Weigh In On VictoryShares International Free Cash Flow Growth ETF

A number of hedge funds have recently modified their holdings of the business. Victory Capital Management Inc. lifted its position in VictoryShares International Free Cash Flow Growth ETF by 78.7% during the fourth quarter. Victory Capital Management Inc. now owns 6,198,468 shares of the company’s stock valued at $171,274,000 after purchasing an additional 2,730,184 shares in the last quarter. Jane Street Group LLC bought a new position in shares of VictoryShares International Free Cash Flow Growth ETF in the second quarter worth about $968,000. Citadel Advisors LLC bought a new position in shares of VictoryShares International Free Cash Flow Growth ETF in the third quarter worth about $267,000. Finally, Sunbelt Securities Inc. purchased a new position in shares of VictoryShares International Free Cash Flow Growth ETF during the 3rd quarter valued at about $123,000.

VictoryShares International Free Cash Flow Growth ETF Company Profile

Grindrod Shipping Holdings Ltd., an international shipping company, engages in owning, chartering, and operating a fleet of dry bulk carriers worldwide. It operates through three segments: Handysize, Supramax/Ultramax, and Others. The company operates a fleet of vessels comprising handysize and supramax/ultramax dry bulk carriers transporting various bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers; and engages in the ship management activities.