Short Interest in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Decreases By 33.1%

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the target of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 7,652 shares, a drop of 33.1% from the January 15th total of 11,431 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 12,567 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 12,567 shares, the short-interest ratio is presently 0.6 days. Approximately 0.2% of the shares of the company are sold short.

VictoryShares International Value Momentum ETF Stock Performance

Shares of UIVM stock opened at $72.32 on Friday. The company has a 50 day moving average price of $66.67 and a 200 day moving average price of $63.02. VictoryShares International Value Momentum ETF has a one year low of $46.35 and a one year high of $73.12. The firm has a market capitalization of $321.82 million, a price-to-earnings ratio of 11.59 and a beta of 0.73.

VictoryShares International Value Momentum ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were given a dividend of $0.2635 per share. This is an increase from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a yield of 4.4%. The ex-dividend date of this dividend was Thursday, December 11th.

Institutional Investors Weigh In On VictoryShares International Value Momentum ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE grew its holdings in VictoryShares International Value Momentum ETF by 1,518.8% during the 2nd quarter. Bank of America Corp DE now owns 518 shares of the company’s stock valued at $30,000 after buying an additional 486 shares in the last quarter. LPL Financial LLC purchased a new stake in VictoryShares International Value Momentum ETF in the fourth quarter worth approximately $213,000. Sigma Planning Corp bought a new stake in VictoryShares International Value Momentum ETF in the 4th quarter worth approximately $288,000. Jane Street Group LLC raised its stake 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 valued at $325,000 after buying an additional 1,349 shares during the last quarter. Finally, IFP Advisors Inc purchased a new position in shares of VictoryShares International Value Momentum ETF in the 4th quarter worth $379,000.

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.