VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Short Interest Up 63.8% in May

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the recipient of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 2,248 shares, an increase of 63.8% from the April 30th total of 1,372 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 4,598 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Trading of VictoryShares Emerging Markets Value Momentum ETF

Hedge funds have recently bought and sold shares of the company. Jane Street Group LLC purchased a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF in the first quarter valued at $382,000. Citadel Advisors LLC acquired a new stake in VictoryShares Emerging Markets Value Momentum ETF in the 3rd quarter valued at approximately $720,000. OLD Mission Capital LLC lifted its stake in shares of VictoryShares Emerging Markets Value Momentum ETF by 10.8% in the fourth quarter. OLD Mission Capital LLC now owns 13,589 shares of the company’s stock valued at $753,000 after buying an additional 1,323 shares during the period. Raymond James Financial Inc. increased its holdings in VictoryShares Emerging Markets Value Momentum ETF by 55.1% in the 2nd quarter. Raymond James Financial Inc. now owns 16,589 shares of the company’s stock valued at $870,000 after buying an additional 5,891 shares during the period. Finally, Sigma Planning Corp lifted its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.7% during the 4th quarter. Sigma Planning Corp now owns 17,782 shares of the company’s stock worth $986,000 after buying an additional 638 shares during the period.

VictoryShares Emerging Markets Value Momentum ETF Stock Performance

Shares of VictoryShares Emerging Markets Value Momentum ETF stock traded down $1.09 on Wednesday, reaching $60.48. 3,538 shares of the company were exchanged, compared to its average volume of 5,796. The firm has a market cap of $254.02 million, a price-to-earnings ratio of 11.04 and a beta of 0.55. VictoryShares Emerging Markets Value Momentum ETF has a 1-year low of $50.28 and a 1-year high of $61.77. The company’s 50-day moving average is $59.39 and its two-hundred day moving average is $58.31.

VictoryShares Emerging Markets Value Momentum ETF Company Profile

The VictoryShares Emerging Markets Value Momentum ETF (UEVM) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a multi-factor-selected, volatility-weighted index of stocks from emerging economies. UEVM was launched on Oct 24, 2017 and is managed by VictoryShares.