VictoryShares WestEnd US Sector ETF (NASDAQ:MODL – Get Free Report) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 46,158 shares, a growth of 92.3% from the May 31st total of 23,999 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily volume of 75,367 shares, the short-interest ratio is currently 0.6 days.
Institutional Trading of VictoryShares WestEnd US Sector ETF
A number of institutional investors and hedge funds have recently modified their holdings of MODL. Victory Capital Management Inc. lifted its position in VictoryShares WestEnd US Sector ETF by 7.8% in the fourth quarter. Victory Capital Management Inc. now owns 5,480,761 shares of the company’s stock worth $260,446,000 after purchasing an additional 395,473 shares during the period. Janney Montgomery Scott LLC raised its stake in shares of VictoryShares WestEnd US Sector ETF by 2.0% in the 1st quarter. Janney Montgomery Scott LLC now owns 1,288,857 shares of the company’s stock valued at $57,599,000 after buying an additional 24,925 shares in the last quarter. Truist Financial Corp boosted its position in shares of VictoryShares WestEnd US Sector ETF by 5.7% during the 4th quarter. Truist Financial Corp now owns 1,119,138 shares of the company’s stock valued at $53,181,000 after acquiring an additional 60,079 shares in the last quarter. LPL Financial LLC increased its stake in VictoryShares WestEnd US Sector ETF by 33.5% in the fourth quarter. LPL Financial LLC now owns 1,094,146 shares of the company’s stock valued at $51,994,000 after acquiring an additional 274,425 shares during the period. Finally, Raymond James Financial Inc. raised its position in VictoryShares WestEnd US Sector ETF by 12.4% in the third quarter. Raymond James Financial Inc. now owns 992,250 shares of the company’s stock worth $45,858,000 after purchasing an additional 109,420 shares in the last quarter. 29.49% of the stock is currently owned by institutional investors.
VictoryShares WestEnd US Sector ETF Stock Performance
Shares of MODL traded up $0.20 during trading hours on Wednesday, reaching $51.17. 82,932 shares of the company traded hands, compared to its average volume of 87,294. The stock’s fifty day moving average is $49.99 and its 200 day moving average is $48.01. VictoryShares WestEnd US Sector ETF has a 1-year low of $42.91 and a 1-year high of $51.29. The stock has a market cap of $971.70 million, a P/E ratio of 57.49 and a beta of 0.94.
VictoryShares WestEnd US Sector ETF Increases Dividend
VictoryShares WestEnd US Sector ETF Company Profile
M*Modal IP LLC, formerly known as Medquist Holdings, Inc, is a United States-based company, which provides clinical transcription services, clinical documentation workflow solutions, cloud-based Speech Understanding technology, and unstructured data analytics. The Company also offers voice to text solutions to capture the patient story, codifies the doctors narrative to populate EHRs and other healthcare information systems, delivers computer-assisted coding to support ICD-9 and the transition to ICD-10, and provides analytical tools.
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