Short Interest in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Grows By 789.7%

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 68,081 shares, a growth of 789.7% from the January 29th total of 7,652 shares. Currently, 1.5% of the company’s stock are sold short. Based on an average trading volume of 9,595 shares, the short-interest ratio is presently 7.1 days. Based on an average trading volume of 9,595 shares, the short-interest ratio is presently 7.1 days. Currently, 1.5% of the company’s stock are sold short.

VictoryShares International Value Momentum ETF Trading Down 0.2%

UIVM stock opened at $74.12 on Friday. The stock’s 50 day simple moving average is $68.41 and its 200 day simple moving average is $63.88. VictoryShares International Value Momentum ETF has a 12-month low of $46.35 and a 12-month high of $74.27. The stock has a market capitalization of $329.83 million, a PE ratio of 11.59 and a beta of 0.73.

VictoryShares International Value Momentum ETF Increases Dividend

The firm also recently disclosed 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 represents a c) annualized dividend and a dividend yield of 4.3%. This is a boost from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.03. The ex-dividend date of this dividend was Thursday, December 11th.

Hedge Funds Weigh In On VictoryShares International Value Momentum ETF

Hedge funds have recently bought and sold shares of the business. Financial Enhancement Group LLC lifted its stake in VictoryShares International Value Momentum ETF by 2.1% during the 4th quarter. Financial Enhancement Group LLC now owns 22,122 shares of the company’s stock valued at $1,486,000 after acquiring an additional 464 shares during the period. Bank of America Corp DE raised its holdings in shares of 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 valued at $30,000 after purchasing an additional 486 shares during the last quarter. Jane Street Group LLC lifted its position in VictoryShares International Value Momentum ETF by 36.6% during the fourth quarter. Jane Street Group LLC now owns 5,035 shares of the company’s stock valued at $325,000 after purchasing an additional 1,349 shares during the period. LPL Financial LLC purchased a new stake in VictoryShares International Value Momentum ETF in the fourth quarter worth approximately $213,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in VictoryShares International Value Momentum ETF by 38.7% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 13,604 shares of the company’s stock worth $831,000 after purchasing an additional 3,797 shares during the last quarter.

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.