Short Interest in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Grows By 32.7%

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the recipient of a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 2,846 shares, an increase of 32.7% from the February 26th total of 2,144 shares. Based on an average daily trading volume, of 5,677 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the shares of the stock are short sold.

VictoryShares Emerging Markets Value Momentum ETF Trading Up 0.7%

Shares of UEVM stock traded up $0.38 during trading hours on Tuesday, reaching $56.35. The stock had a trading volume of 2,207 shares, compared to its average volume of 6,501. The stock’s fifty day simple moving average is $58.92 and its 200 day simple moving average is $57.03. VictoryShares Emerging Markets Value Momentum ETF has a 12 month low of $41.47 and a 12 month high of $61.76. The firm has a market capitalization of $231.04 million, a PE ratio of 11.04 and a beta of 0.59.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of UEVM. Northeast Planning Associates INC. NH increased its holdings in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.1% in the fourth quarter. Northeast Planning Associates INC. NH now owns 50,572 shares of the company’s stock worth $2,804,000 after purchasing an additional 1,518 shares during the period. Raymond James Financial Inc. increased its stake in VictoryShares Emerging Markets Value Momentum ETF by 9.2% in the 3rd quarter. Raymond James Financial Inc. now owns 18,110 shares of the company’s stock worth $1,005,000 after acquiring an additional 1,521 shares during the last quarter. Sigma Planning Corp boosted its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.7% during the 4th quarter. Sigma Planning Corp now owns 17,782 shares of the company’s stock valued at $986,000 after acquiring an additional 638 shares during the last quarter. OLD Mission Capital LLC grew its holdings in shares of VictoryShares Emerging Markets Value Momentum ETF by 10.8% during the fourth quarter. OLD Mission Capital LLC now owns 13,589 shares of the company’s stock worth $753,000 after purchasing an additional 1,323 shares in the last quarter. Finally, Citadel Advisors LLC purchased a new position in shares of VictoryShares Emerging Markets Value Momentum ETF during the third quarter worth about $720,000.

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.