VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Short Interest Up 238.4% in July

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 5,935 shares, a growth of 238.4% from the June 30th total of 1,754 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 6,107 shares, the days-to-cover ratio is presently 1.0 days.

Hedge Funds Weigh In On VictoryShares Emerging Markets Value Momentum ETF

Several institutional investors have recently added to or reduced their stakes in the business. Raymond James Financial Inc. boosted its stake in VictoryShares Emerging Markets Value Momentum ETF by 55.1% during the second quarter. Raymond James Financial Inc. now owns 16,589 shares of the company’s stock worth $870,000 after acquiring an additional 5,891 shares in the last quarter. OLD Mission Capital LLC increased its position in VictoryShares Emerging Markets Value Momentum ETF by 10.8% in the 4th 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 in the last quarter. Citadel Advisors LLC bought a new stake in VictoryShares Emerging Markets Value Momentum ETF in the 3rd quarter valued at about $720,000. Jane Street Group LLC acquired a new position in VictoryShares Emerging Markets Value Momentum ETF during the 1st quarter worth approximately $382,000. Finally, Bank of America Corp DE raised its stake in VictoryShares Emerging Markets Value Momentum ETF by 3.9% during the 1st quarter. Bank of America Corp DE now owns 229,224 shares of the company’s stock worth $13,115,000 after buying an additional 8,642 shares during the period.

VictoryShares Emerging Markets Value Momentum ETF Stock Performance

Shares of NASDAQ:UEVM traded up $1.01 during trading on Monday, reaching $59.51. The stock had a trading volume of 6,724 shares, compared to its average volume of 5,243. The firm’s fifty day moving average is $59.03 and its 200 day moving average is $59.13. VictoryShares Emerging Markets Value Momentum ETF has a 52 week low of $51.85 and a 52 week high of $61.77. The stock has a market cap of $249.94 million, a price-to-earnings ratio of 11.04 and a beta of 0.55.

VictoryShares Emerging Markets Value Momentum ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a $0.4573 dividend. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a dividend yield of 9.2%. This is a positive change from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.06.

About VictoryShares Emerging Markets Value Momentum ETF

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.