VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) Short Interest Update

VictoryShares Free Cash Flow ETF (NASDAQ:VFLO) saw a large growth in short interest during the month of February. As of February 15th, there was short interest totalling 1,330,000 shares, a growth of 75.6% from the January 31st total of 757,400 shares. Based on an average daily volume of 1,028,900 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. LPL Financial LLC boosted its stake in shares of VictoryShares Free Cash Flow ETF by 185.2% in the 4th quarter. LPL Financial LLC now owns 4,114,921 shares of the company’s stock valued at $140,278,000 after purchasing an additional 2,672,029 shares during the last quarter. Bank of America Corp DE boosted its stake in VictoryShares Free Cash Flow ETF by 109.8% during the 4th quarter. Bank of America Corp DE now owns 4,019,954 shares of the company’s stock worth $137,040,000 after acquiring an additional 2,103,541 shares during the last quarter. Victory Capital Management Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 1.3% during the 4th quarter. Victory Capital Management Inc. now owns 2,420,071 shares of the company’s stock worth $82,500,000 after acquiring an additional 30,092 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in VictoryShares Free Cash Flow ETF by 80.0% during the 4th quarter. Envestnet Asset Management Inc. now owns 1,871,045 shares of the company’s stock worth $63,784,000 after acquiring an additional 831,712 shares during the last quarter. Finally, Traphagen Investment Advisors LLC boosted its stake in VictoryShares Free Cash Flow ETF by 2.7% during the 4th quarter. Traphagen Investment Advisors LLC now owns 1,659,799 shares of the company’s stock worth $56,583,000 after acquiring an additional 42,885 shares during the last quarter.

VictoryShares Free Cash Flow ETF Price Performance

Shares of NASDAQ VFLO traded up $0.31 during mid-day trading on Friday, hitting $35.32. The company’s stock had a trading volume of 8,023,518 shares, compared to its average volume of 1,457,685. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 14.45 and a beta of 0.75. VictoryShares Free Cash Flow ETF has a one year low of $29.64 and a one year high of $37.04. The company’s fifty day simple moving average is $35.23 and its 200-day simple moving average is $34.40.

VictoryShares Free Cash Flow ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, February 10th. Stockholders of record on Friday, February 7th were paid a $0.0486 dividend. The ex-dividend date of this dividend was Friday, February 7th. This is a positive change from VictoryShares Free Cash Flow ETF’s previous dividend of $0.01.

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.