VictoryShares WestEnd US Sector ETF (NASDAQ:MODL – Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 19,808 shares, a decrease of 37.1% from the September 15th total of 31,478 shares. Based on an average daily volume of 36,416 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.
Hedge Funds Weigh In On VictoryShares WestEnd US Sector ETF
Institutional investors and hedge funds have recently bought and sold shares of the business. Fifth Third Bancorp purchased a new stake in VictoryShares WestEnd US Sector ETF during the 1st quarter valued at about $208,000. Pine Valley Investments Ltd Liability Co lifted its stake in VictoryShares WestEnd US Sector ETF by 110.9% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 13,449 shares of the company’s stock worth $601,000 after purchasing an additional 7,073 shares in the last quarter. Concurrent Investment Advisors LLC lifted its stake in VictoryShares WestEnd US Sector ETF by 86.4% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 13,788 shares of the company’s stock worth $703,000 after purchasing an additional 6,391 shares in the last quarter. Arkadios Wealth Advisors boosted its holdings in shares of VictoryShares WestEnd US Sector ETF by 5.3% during the 1st quarter. Arkadios Wealth Advisors now owns 22,611 shares of the company’s stock worth $1,010,000 after purchasing an additional 1,142 shares during the last quarter. Finally, Private Advisor Group LLC boosted its holdings in shares of VictoryShares WestEnd US Sector ETF by 10.0% during the 1st quarter. Private Advisor Group LLC now owns 23,890 shares of the company’s stock worth $1,068,000 after purchasing an additional 2,176 shares during the last quarter. 29.49% of the stock is currently owned by institutional investors and hedge funds.
VictoryShares WestEnd US Sector ETF Stock Performance
Shares of MODL stock opened at $52.53 on Friday. VictoryShares WestEnd US Sector ETF has a fifty-two week low of $43.38 and a fifty-two week high of $53.45. The stock’s fifty day moving average is $52.77 and its two-hundred day moving average is $50.84. The firm has a market capitalization of $1.08 billion, a P/E ratio of 59.02 and a beta of 0.94.
VictoryShares WestEnd US Sector ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were given a $0.0223 dividend. This represents a $0.27 dividend on an annualized basis and a dividend yield of 0.5%. This is a negative change from VictoryShares WestEnd US Sector ETF’s previous monthly dividend of $0.0475. The ex-dividend date was Thursday, October 8th. VictoryShares WestEnd US Sector ETF’s dividend payout ratio (DPR) is currently 39.33%.
About VictoryShares WestEnd US Sector ETF
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.
See Also
- Five stocks we like better than VictoryShares WestEnd US Sector ETF
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Receive News & Ratings for VictoryShares WestEnd US Sector ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VictoryShares WestEnd US Sector ETF and related companies with MarketBeat.com's FREE daily email newsletter.
