Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Drops By 45.7%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the target of a significant drop in short interest in March. As of March 31st, there was short interest totalling 28,700 shares, a drop of 45.7% from the March 15th total of 52,900 shares. Based on an average daily trading volume, of 54,000 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VFLO. Victory Capital Management Inc. increased its holdings in VictoryShares Free Cash Flow ETF by 47.3% in the 3rd quarter. Victory Capital Management Inc. now owns 2,359,979 shares of the company’s stock valued at $61,320,000 after buying an additional 757,905 shares during the period. Financial Designs Corp acquired a new stake in shares of VictoryShares Free Cash Flow ETF during the 4th quarter valued at about $7,257,000. VitalStone Financial LLC bought a new stake in VictoryShares Free Cash Flow ETF in the fourth quarter valued at about $1,312,000. Financial Enhancement Group LLC acquired a new position in VictoryShares Free Cash Flow ETF in the fourth quarter worth about $672,000. Finally, Raymond James & Associates acquired a new position in VictoryShares Free Cash Flow ETF in the fourth quarter worth about $368,000.

VictoryShares Free Cash Flow ETF Stock Up 0.1 %

Shares of VFLO opened at $31.91 on Friday. The stock’s 50-day moving average price is $30.51 and its 200 day moving average price is $28.19. The firm has a market capitalization of $261.69 million, a price-to-earnings ratio of 13.38 and a beta of 0.73. VictoryShares Free Cash Flow ETF has a 12-month low of $24.61 and a 12-month high of $32.54.

VictoryShares Free Cash Flow ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, April 15th. Stockholders of record on Friday, April 12th will be given a dividend of $0.0087 per share. The ex-dividend date is Thursday, April 11th.

About VictoryShares Free Cash Flow ETF

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.