VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOW) Short Interest Up 142.2% in June

VictoryShares WestEnd Global Equity ETF (NASDAQ:GLOWGet Free Report) was the recipient of a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 4,309 shares, an increase of 142.2% from the June 15th total of 1,779 shares. Based on an average daily volume of 9,480 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the company’s shares are sold short.

VictoryShares WestEnd Global Equity ETF Stock Performance

Shares of VictoryShares WestEnd Global Equity ETF stock traded down $0.06 during trading on Thursday, hitting $34.38. The company’s stock had a trading volume of 4,457 shares, compared to its average volume of 11,321. The company has a fifty day simple moving average of $33.99 and a two-hundred day simple moving average of $32.36. The company has a market capitalization of $61.20 million, a PE ratio of -83.85 and a beta of 0.81. VictoryShares WestEnd Global Equity ETF has a 52 week low of $27.98 and a 52 week high of $34.89.

VictoryShares WestEnd Global Equity ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were paid a dividend of $0.1411 per share. This is a positive change 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 payout ratio is -102.44%.

Institutional Trading of VictoryShares WestEnd Global Equity ETF

Hedge funds have recently made changes to their positions in the stock. CWM LLC purchased a new position in VictoryShares WestEnd Global Equity ETF during the fourth quarter valued at $24,143,000. Janney Montgomery Scott LLC purchased a new stake in shares of VictoryShares WestEnd Global Equity ETF in the first quarter worth $2,343,000. Kestra Private Wealth Services LLC purchased a new stake in shares of VictoryShares WestEnd Global Equity ETF in the fourth quarter worth $1,065,000. Sanctuary Advisors LLC increased its holdings in shares of VictoryShares WestEnd Global Equity ETF by 34.2% during the fourth quarter. Sanctuary Advisors LLC now owns 34,552 shares of the company’s stock valued at $1,065,000 after acquiring an additional 8,797 shares in the last quarter. Finally, Citadel Advisors LLC bought a new position in shares of VictoryShares WestEnd Global Equity ETF during the third quarter valued at $232,000. 1.59% of the stock is owned by institutional investors.

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.

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