VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Short Interest Up 82.8% in July

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOWGet Free Report) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 7,878 shares, an increase of 82.8% from the June 30th total of 4,309 shares. Based on an average trading volume of 13,745 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Royal Bank of Canada grew its holdings in shares of VictoryShares WestEnd Global Equity ETF by 222.9% in the first quarter. Royal Bank of Canada now owns 10,282 shares of the company’s stock valued at $310,000 after purchasing an additional 7,098 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in VictoryShares WestEnd Global Equity ETF by 5.0% during the 1st quarter. Sanctuary Advisors LLC now owns 36,289 shares of the company’s stock worth $1,095,000 after buying an additional 1,737 shares in the last quarter. Janney Montgomery Scott LLC acquired a new stake in VictoryShares WestEnd Global Equity ETF during the 1st quarter worth approximately $2,343,000. Kestra Private Wealth Services LLC boosted its position in VictoryShares WestEnd Global Equity ETF by 6.7% in the 1st quarter. Kestra Private Wealth Services LLC now owns 36,835 shares of the company’s stock valued at $1,112,000 after buying an additional 2,299 shares during the period. Finally, Jane Street Group LLC purchased a new position in VictoryShares WestEnd Global Equity ETF in the 4th quarter valued at approximately $237,000. Hedge funds and other institutional investors own 1.59% of the company’s stock.

VictoryShares WestEnd Global Equity ETF Trading Down 0.2%

VictoryShares WestEnd Global Equity ETF stock traded down $0.06 during midday trading on Friday, reaching $34.15. 6,713 shares of the stock traded hands, compared to its average volume of 11,228. The company has a 50-day simple moving average of $34.17 and a two-hundred day simple moving average of $32.58. VictoryShares WestEnd Global Equity ETF has a 12-month low of $27.98 and a 12-month high of $34.89. The firm has a market cap of $63.18 million, a PE ratio of -83.29 and a beta of 0.81.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a dividend of $0.1411 per share. This is a boost from VictoryShares WestEnd Global Equity ETF’s previous dividend of $0.03. The ex-dividend date of this dividend was Thursday, July 9th. VictoryShares WestEnd Global Equity ETF’s dividend payout ratio is currently -102.44%.

About VictoryShares WestEnd Global Equity ETF

(Get Free Report)

The VictoryShares WestEnd Global Equity ETF (GLOW) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds, seeking long-term capital appreciation through investments in equity ETFs. Selection is based on various macroeconomic indicators and key ETF factors. GLOW was launched on Jun 20, 2024 and is issued by VictoryShares.

Featured Stories

Receive News & Ratings for VictoryShares WestEnd Global Equity ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VictoryShares WestEnd Global Equity ETF and related companies with MarketBeat.com's FREE daily email newsletter.