VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Sees Large Increase in Short Interest

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) saw a large increase in short interest in May. As of May 15th, there was short interest totalling 5,400 shares, an increase of 260.0% from the April 30th total of 1,500 shares. Based on an average trading volume of 9,000 shares, the short-interest ratio is presently 0.6 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of UEVM. Victory Capital Management Inc. lifted its stake in VictoryShares Emerging Markets Value Momentum ETF by 1.3% in the 4th quarter. Victory Capital Management Inc. now owns 3,298,218 shares of the company’s stock worth $155,462,000 after purchasing an additional 40,901 shares in the last quarter. Thrivent Financial for Lutherans purchased a new position in VictoryShares Emerging Markets Value Momentum ETF in the 4th quarter worth approximately $245,000. Bank of America Corp DE purchased a new position in VictoryShares Emerging Markets Value Momentum ETF in the 4th quarter worth approximately $1,756,000. Northeast Planning Associates INC. NH purchased a new position in VictoryShares Emerging Markets Value Momentum ETF in the 1st quarter worth approximately $2,043,000. Finally, OLD Mission Capital LLC purchased a new position in VictoryShares Emerging Markets Value Momentum ETF in the 1st quarter worth approximately $546,000.

VictoryShares Emerging Markets Value Momentum ETF Price Performance

UEVM opened at $49.84 on Thursday. The company’s 50 day simple moving average is $47.30 and its two-hundred day simple moving average is $47.28. VictoryShares Emerging Markets Value Momentum ETF has a 1-year low of $41.47 and a 1-year high of $51.68. The firm has a market capitalization of $201.86 million, a price-to-earnings ratio of 10.23 and a beta of 0.72.

VictoryShares Emerging Markets Value Momentum ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 9th. Shareholders of record on Thursday, May 8th were paid a $0.2241 dividend. This is a positive change from VictoryShares Emerging Markets Value Momentum ETF’s previous dividend of $0.02. The ex-dividend date was Thursday, May 8th.

About VictoryShares Emerging Markets Value Momentum ETF