VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO) Stock Short Interest Declines 82.0%

VictoryShares Small Cap Free Cash Flow ETF (NASDAQ:SFLO) was the target of a significant decline in short interest in September. As of September 15th, there was short interest totaling 15,323 shares, a decline of 82.0% from the August 31st total of 85,050 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 240,826 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Investors Weigh In On VictoryShares Small Cap Free Cash Flow ETF

Hedge funds have recently modified their holdings of the company. Operose Advisors LLC bought a new stake in VictoryShares Small Cap Free Cash Flow ETF during the 2nd quarter worth $49,000. Bruce G. Allen Investments LLC raised its position in VictoryShares Small Cap Free Cash Flow ETF by 547.7% during the 4th quarter. Bruce G. Allen Investments LLC now owns 1,859 shares of the company’s stock worth $55,000 after purchasing an additional 1,572 shares during the last quarter. Fifth Third Bancorp bought a new position in shares of VictoryShares Small Cap Free Cash Flow ETF during the first quarter worth about $125,000. Integrated Wealth Concepts LLC bought a new position in VictoryShares Small Cap Free Cash Flow ETF during the 2nd quarter worth approximately $234,000. Finally, Janney Montgomery Scott LLC acquired a new position in VictoryShares Small Cap Free Cash Flow ETF in the first quarter valued at $262,000.

VictoryShares Small Cap Free Cash Flow ETF Stock Performance

Shares of VictoryShares Small Cap Free Cash Flow ETF stock traded down $0.07 on Friday, reaching $37.46. 75,347 shares of the stock were exchanged, compared to its average volume of 93,806. VictoryShares Small Cap Free Cash Flow ETF has a one year low of $27.45 and a one year high of $42.00. The firm has a market cap of $800.15 million, a PE ratio of 10.93 and a beta of 0.86. The firm’s 50 day moving average is $38.62 and its 200-day moving average is $34.63.

VictoryShares Small Cap Free Cash Flow ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, September 9th were issued a dividend of $0.0498 per share. This is an increase from VictoryShares Small Cap Free Cash Flow ETF’s previous monthly dividend of $0.0020. The ex-dividend date of this dividend was Wednesday, September 9th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.6%.

VictoryShares Small Cap Free Cash Flow ETF Company Profile

The VictoryShares Small Cap Free Cash Flow ETF (SFLO) is an exchange-traded fund that is based on the Victory US Small Cap Free Cash Flow index. The fund tracks an index composed of 200 small-cap US companies based on profit that are perceived to have strong free cash flow yields and high growth metrics. SFLO was launched on Dec 21, 2023 and is issued by VictoryShares.