VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Short Interest Up 789.7% in February

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the recipient of a large increase in short interest during the month of February. As of February 13th, there was short interest totaling 68,081 shares, an increase of 789.7% from the January 29th total of 7,652 shares. Approximately 1.5% of the shares of the stock are short sold. Based on an average daily trading volume, of 9,595 shares, the days-to-cover ratio is currently 7.1 days. Based on an average daily trading volume, of 9,595 shares, the days-to-cover ratio is currently 7.1 days. Approximately 1.5% of the shares of the stock are short sold.

VictoryShares International Value Momentum ETF Trading Up 1.3%

Shares of NASDAQ UIVM traded up $0.97 during trading on Wednesday, reaching $74.27. The company had a trading volume of 3,169 shares, compared to its average volume of 8,948. VictoryShares International Value Momentum ETF has a twelve month low of $46.35 and a twelve month high of $74.27. The stock has a 50-day moving average price of $68.20 and a two-hundred day moving average price of $63.80. The stock has a market capitalization of $330.50 million, a PE ratio of 11.59 and a beta of 0.73.

VictoryShares International Value Momentum ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were issued a $0.2635 dividend. This is a positive change from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.03. The ex-dividend date was Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Bank of America Corp DE grew its position in shares of 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 purchasing an additional 486 shares during the period. LPL Financial LLC acquired a new stake in VictoryShares International Value Momentum ETF during the fourth quarter worth about $213,000. Sigma Planning Corp acquired a new position in shares of VictoryShares International Value Momentum ETF in the 4th quarter valued at about $288,000. Jane Street Group LLC increased its position in VictoryShares International Value Momentum ETF by 36.6% during the 4th quarter. Jane Street Group LLC now owns 5,035 shares of the company’s stock worth $325,000 after purchasing an additional 1,349 shares in the last quarter. Finally, IFP Advisors Inc purchased a new position in VictoryShares International Value Momentum ETF in the fourth quarter valued at approximately $379,000.

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.