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

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 8,386 shares, an increase of 475.2% from the August 15th total of 1,458 shares. Based on an average daily volume of 5,527 shares, the days-to-cover ratio is currently 1.5 days. Currently, 0.5% of the shares of the stock are sold short.

Institutional Investors Weigh In On VictoryShares WestEnd Global Equity ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Janney Montgomery Scott LLC acquired a new position in shares of VictoryShares WestEnd Global Equity ETF in the 1st quarter worth approximately $2,343,000. Kestra Private Wealth Services LLC grew its holdings in shares of VictoryShares WestEnd Global Equity ETF by 6.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 36,835 shares of the company’s stock worth $1,112,000 after acquiring an additional 2,299 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in shares of VictoryShares WestEnd Global Equity ETF by 5.0% in the 1st quarter. Sanctuary Advisors LLC now owns 36,289 shares of the company’s stock worth $1,095,000 after acquiring an additional 1,737 shares during the last quarter. Royal Bank of Canada raised its position in shares of VictoryShares WestEnd Global Equity ETF by 222.9% during the first quarter. Royal Bank of Canada now owns 10,282 shares of the company’s stock worth $310,000 after purchasing an additional 7,098 shares during the period. Finally, Cary Street Partners Financial LLC raised its position in shares of VictoryShares WestEnd Global Equity ETF by 21.5% during the fourth quarter. Cary Street Partners Financial LLC now owns 8,490 shares of the company’s stock worth $262,000 after purchasing an additional 1,500 shares during the period. 1.59% of the stock is owned by institutional investors and hedge funds.

VictoryShares WestEnd Global Equity ETF Price Performance

Shares of VictoryShares WestEnd Global Equity ETF stock traded up $0.26 during trading on Friday, hitting $34.84. The stock had a trading volume of 12,262 shares, compared to its average volume of 10,911. The firm has a market cap of $64.80 million, a P/E ratio of -84.98 and a beta of 0.82. The business has a fifty day moving average of $34.80 and a two-hundred day moving average of $33.31. VictoryShares WestEnd Global Equity ETF has a fifty-two week low of $29.27 and a fifty-two week high of $35.58.

VictoryShares WestEnd Global Equity ETF Increases 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 $0.1411 dividend. This represents a c) annualized dividend and a yield of 4.9%. This is a boost from VictoryShares WestEnd Global Equity ETF’s previous monthly dividend of $0.03. The ex-dividend date was Thursday, July 9th. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio (DPR) is presently -102.44%.

VictoryShares WestEnd Global Equity ETF Company Profile

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.