VictoryShares WestEnd US Sector ETF (NASDAQ:MODL) Short Interest Update

VictoryShares WestEnd US Sector ETF (NASDAQ:MODLGet Free Report) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 8,493 shares, a decrease of 44.6% from the July 15th total of 15,327 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 37,118 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Goldman Sachs Group Inc. purchased a new position in shares of VictoryShares WestEnd US Sector ETF in the first quarter worth $215,000. Jane Street Group LLC bought a new stake in VictoryShares WestEnd US Sector ETF during the first quarter valued at approximately $477,000. Raymond James Financial Inc. increased its stake in shares of VictoryShares WestEnd US Sector ETF by 0.3% in the 2nd quarter. Raymond James Financial Inc. now owns 882,830 shares of the company’s stock worth $38,050,000 after purchasing an additional 2,921 shares in the last quarter. Comerica Bank increased its position in VictoryShares WestEnd US Sector ETF by 11.2% in the third quarter. Comerica Bank now owns 4,483 shares of the company’s stock worth $207,000 after buying an additional 452 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in VictoryShares WestEnd US Sector ETF during the 3rd quarter worth approximately $184,000. 29.49% of the stock is owned by hedge funds and other institutional investors.

VictoryShares WestEnd US Sector ETF Stock Performance

MODL stock opened at $52.61 on Wednesday. The firm has a 50 day moving average price of $51.30 and a 200-day moving average price of $49.00. VictoryShares WestEnd US Sector ETF has a 52-week low of $43.38 and a 52-week high of $53.35. The firm has a market capitalization of $1.06 billion, a price-to-earnings ratio of 59.11 and a beta of 0.93.

VictoryShares WestEnd US Sector ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were paid a dividend of $0.0137 per share. The ex-dividend date was Friday, August 7th. This represents a c) dividend on an annualized basis and a yield of 0.3%. VictoryShares WestEnd US Sector ETF’s payout ratio is presently 39.33%.

VictoryShares WestEnd US Sector ETF Company Profile

(Get Free Report)

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.

Further Reading

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