VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Sees Significant Increase in Short Interest

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

VictoryShares Free Cash Flow ETF Trading Down 0.2 %

VFLO stock opened at $33.14 on Friday. VictoryShares Free Cash Flow ETF has a 1-year low of $24.61 and a 1-year high of $34.17. The business’s 50-day moving average price is $33.06 and its two-hundred day moving average price is $31.93. The firm 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 Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were paid a dividend of $0.0214 per share. The ex-dividend date was Tuesday, October 8th. This represents a $0.26 dividend on an annualized basis and a yield of 0.78%.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of VFLO. CarsonAllaria Wealth Management Ltd. bought a new position in VictoryShares Free Cash Flow ETF during the 3rd quarter worth about $29,000. Raleigh Capital Management Inc. acquired a new stake in shares of VictoryShares Free Cash Flow ETF in the third quarter valued at about $175,000. Thoroughbred Financial Services LLC bought a new stake in VictoryShares Free Cash Flow ETF during the second quarter worth about $209,000. Regal Investment Advisors LLC acquired a new position in VictoryShares Free Cash Flow ETF during the second quarter valued at approximately $212,000. Finally, Hartline Investment Corp acquired a new position in VictoryShares Free Cash Flow ETF during the first quarter valued at approximately $264,000.

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.