Short Interest in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Decreases By 46.3%

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the recipient of a large decline in short interest in April. As of April 30th, there was short interest totaling 212 shares, a decline of 46.3% from the April 15th total of 395 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,848 shares, the days-to-cover ratio is currently 0.1 days.

VictoryShares International Value Momentum ETF Trading Up 0.1%

NASDAQ:UIVM traded up $0.04 during trading hours on Monday, reaching $72.21. 1,757 shares of the company were exchanged, compared to its average volume of 5,729. The stock’s 50-day moving average is $70.04 and its 200-day moving average is $67.41. The firm has a market cap of $324.95 million, a PE ratio of 11.59 and a beta of 0.69. VictoryShares International Value Momentum ETF has a twelve month low of $55.21 and a twelve month high of $74.27.

VictoryShares International Value Momentum ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Monday, May 11th. Investors of record on Friday, May 8th were given a dividend of $0.2677 per share. This represents a c) annualized dividend and a yield of 4.4%. The ex-dividend date was Friday, May 8th.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE boosted its stake in VictoryShares International Value Momentum ETF by 1,518.8% during the second quarter. Bank of America Corp DE now owns 518 shares of the company’s stock worth $30,000 after buying an additional 486 shares during the period. LPL Financial LLC purchased a new position in VictoryShares International Value Momentum ETF in the 4th quarter valued at approximately $213,000. World Investment Advisors boosted its position in VictoryShares International Value Momentum ETF by 10.5% in the 1st quarter. World Investment Advisors now owns 3,910 shares of the company’s stock valued at $267,000 after buying an additional 370 shares during the period. Sigma Planning Corp purchased a new position in VictoryShares International Value Momentum ETF in the 4th quarter valued at approximately $288,000. Finally, Jane Street Group LLC boosted its position in VictoryShares International Value Momentum ETF by 36.6% in the 4th quarter. Jane Street Group LLC now owns 5,035 shares of the company’s stock valued at $325,000 after buying an additional 1,349 shares during the period.

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.