VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Sees Large Increase in Short Interest

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 732 shares, an increase of 134.6% from the May 14th total of 312 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,629 shares, the short-interest ratio is currently 0.4 days.

VictoryShares International Value Momentum ETF Price Performance

Shares of UIVM stock opened at $73.20 on Monday. The firm has a 50-day moving average of $71.94 and a 200-day moving average of $69.00. The company has a market cap of $329.40 million, a P/E ratio of 11.59 and a beta of 0.69. VictoryShares International Value Momentum ETF has a one year low of $56.10 and a one year high of $74.27.

VictoryShares International Value Momentum ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were issued a dividend of $0.3806 per share. This is a boost from VictoryShares International Value Momentum ETF’s previous dividend of $0.02. The ex-dividend date was Tuesday, June 9th.

Institutional Trading of VictoryShares International Value Momentum ETF

A number of large investors have recently added to or reduced their stakes in UIVM. Jane Street Group LLC increased its holdings in VictoryShares International Value Momentum ETF by 56.5% during the first quarter. Jane Street Group LLC now owns 33,813 shares of the company’s stock worth $1,729,000 after buying an additional 12,208 shares during the last quarter. Bank of America Corp DE increased its holdings in VictoryShares International Value Momentum ETF by 1,518.8% during the second quarter. Bank of America Corp DE now owns 518 shares of the company’s stock worth $30,000 after buying an additional 486 shares during the last quarter. Empirical Asset Management LLC purchased a new stake in VictoryShares International Value Momentum ETF during the third quarter worth about $893,000. Citadel Advisors LLC purchased a new stake in VictoryShares International Value Momentum ETF during the third quarter worth about $1,057,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in VictoryShares International Value Momentum ETF by 38.7% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 13,604 shares of the company’s stock worth $831,000 after buying an additional 3,797 shares during the last quarter.

About VictoryShares International Value Momentum ETF

The VictoryShares International Value Momentum ETF (UIVM) 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 developed economies outside of the United States. UIVM was launched on Oct 24, 2017 and is managed by VictoryShares.