VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Down 34.3% in July

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a large decline in short interest in July. As of July 15th, there was short interest totaling 242,774 shares, a decline of 34.3% from the June 30th total of 369,761 shares. Based on an average daily trading volume, of 1,206,526 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

VictoryShares Free Cash Flow ETF Stock Performance

NASDAQ:VFLO opened at $49.62 on Friday. VictoryShares Free Cash Flow ETF has a one year low of $34.11 and a one year high of $50.67. The business’s 50-day simple moving average is $46.71 and its 200 day simple moving average is $42.71. The stock has a market cap of $8.89 billion, a price-to-earnings ratio of 13.70 and a beta of 0.85.

VictoryShares Free Cash Flow ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were paid a dividend of $0.0249 per share. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Thursday, July 9th.

Institutional Investors Weigh In On VictoryShares Free Cash Flow ETF

Several hedge funds and other institutional investors have recently modified their holdings of VFLO. AQR Capital Management LLC bought a new position in shares of VictoryShares Free Cash Flow ETF during the first quarter worth about $737,000. Goldman Sachs Group Inc. bought a new stake in VictoryShares Free Cash Flow ETF in the first quarter valued at about $4,233,000. Jane Street Group LLC increased its holdings in VictoryShares Free Cash Flow ETF by 409.5% in the first quarter. Jane Street Group LLC now owns 273,489 shares of the company’s stock valued at $9,375,000 after buying an additional 219,816 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in VictoryShares Free Cash Flow ETF by 187.5% during the first quarter. Geneos Wealth Management Inc. now owns 1,150 shares of the company’s stock valued at $39,000 after buying an additional 750 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in VictoryShares Free Cash Flow ETF by 5,081.9% during the second quarter. JPMorgan Chase & Co. now owns 111,930 shares of the company’s stock valued at $3,957,000 after buying an additional 109,770 shares in the last quarter.

VictoryShares Free Cash Flow ETF Company Profile

The VictoryShares Free Cash Flow ETF (VFLO) is an exchange-traded fund that is based on the Victory US Large Cap Free Cash Flow index. The fund tracks an index composed of the largest U.S. companies based on profit that are perceived to have strong free cash flow yields and high growth metrics VFLO was launched on Jun 21, 2023 and is managed by VictoryShares.