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

VictoryShares International Free Cash Flow Growth ETF (NASDAQ:GRIN) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 2,921 shares, a drop of 59.8% from the June 30th total of 7,258 shares. Based on an average daily volume of 14,456 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the company’s stock are short sold.

VictoryShares International Free Cash Flow Growth ETF Stock Up 0.0%

Shares of NASDAQ:GRIN opened at $31.50 on Monday. The company has a market capitalization of $274.05 million, a PE ratio of -63.00 and a beta of 2.35. The company has a current ratio of 1.13, a quick ratio of 1.01 and a debt-to-equity ratio of 0.51. VictoryShares International Free Cash Flow Growth ETF has a twelve month low of $24.79 and a twelve month high of $34.54. The firm has a 50 day simple moving average of $32.29 and a 200-day simple moving average of $30.52.

VictoryShares International Free Cash Flow Growth ETF Cuts Dividend

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

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

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Victory Capital Management Inc. boosted its stake in VictoryShares International Free Cash Flow Growth ETF by 78.7% in the fourth quarter. Victory Capital Management Inc. now owns 6,198,468 shares of the company’s stock valued at $171,274,000 after acquiring an additional 2,730,184 shares in the last quarter. Jane Street Group LLC increased its position in shares of VictoryShares International Free Cash Flow Growth ETF by 49.4% during the fourth quarter. Jane Street Group LLC now owns 23,753 shares of the company’s stock worth $656,000 after purchasing an additional 7,854 shares in the last quarter. Sunbelt Securities Inc. acquired a new stake in shares of VictoryShares International Free Cash Flow Growth ETF during the third quarter worth about $123,000. Finally, Citadel Advisors LLC acquired a new stake in shares of VictoryShares International Free Cash Flow Growth ETF during the third quarter worth about $267,000.

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.