Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Rises By 69.1%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a significant increase in short interest in October. As of October 15th, there was short interest totalling 95,400 shares, an increase of 69.1% from the September 30th total of 56,400 shares. Based on an average daily volume of 361,700 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the stock. CarsonAllaria Wealth Management Ltd. acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $29,000. Raleigh Capital Management Inc. acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 3rd quarter worth approximately $175,000. Thoroughbred Financial Services LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the 2nd quarter worth approximately $209,000. Regal Investment Advisors LLC bought a new stake in VictoryShares Free Cash Flow ETF in the 2nd quarter valued at $212,000. Finally, Hartline Investment Corp bought a new stake in VictoryShares Free Cash Flow ETF in the 1st quarter valued at $264,000.

VictoryShares Free Cash Flow ETF Stock Performance

VFLO traded up $0.05 on Monday, hitting $33.19. 192,958 shares of the company were exchanged, compared to its average volume of 217,067. The stock’s fifty day moving average is $33.06 and its 200-day moving average is $31.93. The company has a market cap of $1.09 billion, a PE ratio of 13.10 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a 12 month low of $24.67 and a 12 month high of $34.17.

VictoryShares Free Cash Flow ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, October 9th. Shareholders of record on Tuesday, October 8th were given a dividend of $0.0214 per share. This represents a $0.26 annualized dividend and a dividend yield of 0.77%. The ex-dividend date of this dividend was Tuesday, October 8th.

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.