Short Interest in VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Drops By 66.4%

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) was the recipient of a large decline in short interest during the month of September. As of September 15th, there was short interest totalling 108,300 shares, a decline of 66.4% from the August 31st total of 322,400 shares. Based on an average daily volume of 343,100 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VFLO. Thoroughbred Financial Services LLC acquired a new position in shares of VictoryShares Free Cash Flow ETF during the second quarter worth approximately $209,000. Regal Investment Advisors LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at approximately $212,000. Hartline Investment Corp bought a new stake in shares of VictoryShares Free Cash Flow ETF during the first quarter valued at approximately $264,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in shares of VictoryShares Free Cash Flow ETF by 35.0% during the second quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,978 shares of the company’s stock valued at $339,000 after purchasing an additional 2,846 shares during the period. Finally, Krilogy Financial LLC bought a new stake in shares of VictoryShares Free Cash Flow ETF during the second quarter valued at approximately $377,000.

VictoryShares Free Cash Flow ETF Price Performance

VFLO traded down $0.11 on Wednesday, hitting $33.16. The company had a trading volume of 1,814 shares, compared to its average volume of 204,640. The company’s fifty day moving average price is $32.28 and its 200 day moving average price is $31.65. VictoryShares Free Cash Flow ETF has a 1-year low of $24.61 and a 1-year high of $33.46. The stock has a market cap of $591.57 million, a price-to-earnings ratio of 13.10 and a beta of 0.75.

VictoryShares Free Cash Flow ETF Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Thursday, September 12th. Stockholders of record on Wednesday, September 11th were issued a dividend of $0.061 per share. The ex-dividend date was Wednesday, September 11th. This represents a $0.73 dividend on an annualized basis and a dividend yield of 2.21%.

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.