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

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 319 shares, a decrease of 47.2% from the June 15th total of 604 shares. Based on an average trading volume of 1,131 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On VictoryShares International Value Momentum ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Empirical Asset Management LLC raised its position in VictoryShares International Value Momentum ETF by 57.6% during the 4th quarter. Empirical Asset Management LLC now owns 23,037 shares of the company’s stock worth $1,487,000 after buying an additional 8,423 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in VictoryShares International Value Momentum ETF by 54.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 20,974 shares of the company’s stock valued at $1,353,000 after acquiring an additional 7,370 shares during the period. IFP Advisors Inc purchased a new stake in shares of VictoryShares International Value Momentum ETF in the 4th quarter valued at $379,000. Sigma Planning Corp purchased a new stake in shares of VictoryShares International Value Momentum ETF in the 4th quarter valued at $288,000. Finally, Financial Enhancement Group LLC increased its stake in shares of VictoryShares International Value Momentum ETF by 2.1% in the fourth quarter. Financial Enhancement Group LLC now owns 22,122 shares of the company’s stock worth $1,486,000 after acquiring an additional 464 shares during the period.

VictoryShares International Value Momentum ETF Price Performance

UIVM traded down $0.06 on Wednesday, reaching $73.49. 1,162 shares of the stock were exchanged, compared to its average volume of 4,400. The company’s 50-day moving average price is $72.75 and its 200 day moving average price is $70.46. VictoryShares International Value Momentum ETF has a fifty-two week low of $57.69 and a fifty-two week high of $74.45. The firm has a market capitalization of $330.70 million, a PE ratio of 11.59 and a beta of 0.69.

VictoryShares International Value Momentum ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a $0.2725 dividend. The ex-dividend date was Thursday, July 9th. This is a positive change from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.27. This represents a c) annualized dividend and a dividend yield of 4.5%.

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.