VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Sees Large Growth in Short Interest

by · The Markets Daily

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW – Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 101,790 shares, an increase of 188.7% from the September 30th total of 35,257 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily volume of 305,385 shares, the days-to-cover ratio is presently 0.3 days.

VictoryShares Free Cash Flow Growth ETF Stock Down 3.5%

GFLW traded down $1.13 on Friday, hitting $31.32. 767,866 shares of the company traded hands, compared to its average volume of 183,399. The company has a 50 day moving average of $33.38 and a 200-day moving average of $30.91. VictoryShares Free Cash Flow Growth ETF has a 12-month low of $25.00 and a 12-month high of $34.94. The stock has a market capitalization of $1.12 billion, a PE ratio of 33.38 and a beta of 1.25.

VictoryShares Free Cash Flow Growth ETF Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, September 9th were paid a $0.1129 dividend. This represents a $1.35 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date was Wednesday, September 9th.

Hedge Funds Weigh In On VictoryShares Free Cash Flow Growth ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Kirkwood Financial Services bought a new position in shares of VictoryShares Free Cash Flow Growth ETF in the second quarter worth $18,385,000. Flagship Harbor Advisors LLC bought a new position in VictoryShares Free Cash Flow Growth ETF during the third quarter valued at approximately $7,727,000. Triumph Capital Management raised its stake in VictoryShares Free Cash Flow Growth ETF by 157.4% in the third quarter. Triumph Capital Management now owns 170,878 shares of the company’s stock worth $5,709,000 after buying an additional 104,483 shares in the last quarter. Parallel Advisors LLC grew its stake in shares of VictoryShares Free Cash Flow Growth ETF by 585.2% in the first quarter. Parallel Advisors LLC now owns 144,322 shares of the company’s stock worth $3,795,000 after acquiring an additional 123,260 shares during the last quarter. Finally, Sunbelt Securities Inc. increased its position in VictoryShares Free Cash Flow Growth ETF by 4.3% during the first quarter. Sunbelt Securities Inc. now owns 137,598 shares of the company’s stock valued at $3,618,000 after acquiring an additional 5,697 shares during the last quarter.

VictoryShares Free Cash Flow Growth ETF Company Profile

(Get Free Report)

The VictoryShares Free Cash Flow Growth ETF (GFLW) is an exchange-traded fund that is based on the Victory Free Cash Flow Growth index. The fund tracks an index composed of 100 US large-cap growth companies selected based on positive free cash flow trend, earnings, and ROI. Holdings are weighted in the portfolio based on a combination of free cash flow and momentum. GFLW was launched on Dec 3, 2024 and is issued by VictoryShares.

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