VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW) Short Interest Up 116.0% in May

by · The Markets Daily

VictoryShares Free Cash Flow Growth ETF (NASDAQ:GFLW – Get Free Report) was the recipient of a significant growth in short interest in the month of May. As of May 29th, there was short interest totaling 64,057 shares, a growth of 116.0% from the May 14th total of 29,660 shares. Currently, 0.3% of the shares of the company are sold short. Based on an average daily volume of 56,813 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Comprehensive Financial Planning Inc. PA grew its position in shares of VictoryShares Free Cash Flow Growth ETF by 2.3% during the 3rd quarter. Comprehensive Financial Planning Inc. PA now owns 17,097 shares of the company’s stock worth $490,000 after buying an additional 388 shares during the period. Krilogy Financial LLC boosted its position in shares of VictoryShares Free Cash Flow Growth ETF by 0.8% during the fourth quarter. Krilogy Financial LLC now owns 67,499 shares of the company’s stock worth $1,930,000 after purchasing an additional 528 shares in the last quarter. JPMorgan Chase & Co. bought a new position in shares of VictoryShares Free Cash Flow Growth ETF during the third quarter worth $34,000. Geneos Wealth Management Inc. bought a new stake in shares of VictoryShares Free Cash Flow Growth ETF in the 1st quarter valued at $32,000. Finally, Assetmark Inc. acquired a new stake in VictoryShares Free Cash Flow Growth ETF during the 3rd quarter worth $52,000.

VictoryShares Free Cash Flow Growth ETF Price Performance

NASDAQ:GFLW opened at $32.51 on Monday. The firm has a market cap of $795.84 million, a price-to-earnings ratio of 33.38 and a beta of 1.26. The company’s 50 day moving average is $30.17 and its 200-day moving average is $28.68. VictoryShares Free Cash Flow Growth ETF has a 12 month low of $24.87 and a 12 month high of $32.97.

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.

Recommended Stories