Short Interest in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Decreases By 69.9%

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the recipient of a significant drop in short interest in the month of August. As of August 14th, there was short interest totaling 7,195 shares, a drop of 69.9% from the July 30th total of 23,886 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 3,325 shares, the short-interest ratio is presently 2.2 days.

Hedge Funds Weigh In On VictoryShares International Value Momentum ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE raised its holdings in VictoryShares International Value Momentum ETF by 1,518.8% in the second quarter. Bank of America Corp DE now owns 518 shares of the company’s stock valued at $30,000 after acquiring an additional 486 shares in the last quarter. LPL Financial LLC acquired a new position in VictoryShares International Value Momentum ETF during the 4th quarter worth approximately $213,000. World Investment Advisors increased its position in shares of VictoryShares International Value Momentum ETF by 10.5% in the 1st quarter. World Investment Advisors now owns 3,910 shares of the company’s stock valued at $267,000 after purchasing an additional 370 shares during the last quarter. Sigma Planning Corp purchased a new stake in shares of VictoryShares International Value Momentum ETF in the 4th quarter valued at approximately $288,000. Finally, Jane Street Group LLC raised its holdings in shares of VictoryShares International Value Momentum ETF by 36.6% in the 4th quarter. Jane Street Group LLC now owns 5,035 shares of the company’s stock valued at $325,000 after purchasing an additional 1,349 shares in the last quarter.

VictoryShares International Value Momentum ETF Price Performance

UIVM opened at $77.66 on Friday. The business has a fifty day moving average price of $74.78 and a 200 day moving average price of $72.52. VictoryShares International Value Momentum ETF has a 12 month low of $59.69 and a 12 month high of $78.26. The stock has a market capitalization of $349.47 million, a price-to-earnings ratio of 11.59 and a beta of 0.69.

VictoryShares International Value Momentum ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, August 10th. Stockholders of record on Friday, August 7th were paid a $0.0446 dividend. This represents a c) annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, August 7th.

VictoryShares International Value Momentum ETF Company Profile

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.