Short Interest in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Expands By 134.6%

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the target of a large increase in short interest during the month of May. As of May 29th, there was short interest totaling 732 shares, an increase of 134.6% from the May 14th total of 312 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 1,629 shares, the short-interest ratio is presently 0.4 days.

VictoryShares International Value Momentum ETF Trading Up 0.3%

Shares of UIVM opened at $73.20 on Friday. The firm has a market cap of $329.40 million, a PE ratio of 11.59 and a beta of 0.69. The firm has a fifty day simple moving average of $71.94 and a two-hundred day simple moving average of $68.94. VictoryShares International Value Momentum ETF has a 1-year low of $56.10 and a 1-year high of $74.27.

VictoryShares International Value Momentum ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 10th. Shareholders of record on Tuesday, June 9th were paid a dividend of $0.3806 per share. The ex-dividend date was Tuesday, June 9th. This is a boost from VictoryShares International Value Momentum ETF’s previous dividend of $0.02.

Institutional Investors Weigh In On VictoryShares International Value Momentum ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. World Investment Advisors increased its stake in shares of 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 worth $267,000 after purchasing an additional 370 shares in the last quarter. Jane Street Group LLC increased its stake in shares of 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 worth $325,000 after purchasing an additional 1,349 shares in the last quarter. StoneX Group Inc. purchased a new stake in shares of VictoryShares International Value Momentum ETF in the 4th quarter worth $5,952,000. LPL Financial LLC purchased a new stake in shares of VictoryShares International Value Momentum ETF in the 4th quarter worth $213,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of VictoryShares International Value Momentum ETF by 54.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 20,974 shares of the company’s stock worth $1,353,000 after purchasing an additional 7,370 shares in the last quarter.

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.