VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Short Interest Up 789.7% in February

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 68,081 shares, an increase of 789.7% from the January 29th total of 7,652 shares. Currently, 1.5% of the company’s stock are short sold. 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 short sold.

VictoryShares International Value Momentum ETF Stock Performance

Shares of UIVM traded up $0.97 during midday trading on Wednesday, hitting $74.27. The company had a trading volume of 3,169 shares, compared to its average volume of 8,948. VictoryShares International Value Momentum ETF has a 1 year low of $46.35 and a 1 year high of $74.27. The firm has a market capitalization of $330.50 million, a P/E ratio of 11.59 and a beta of 0.73. The company’s 50-day simple moving average is $68.20 and its 200-day simple moving average is $63.80.

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 paid a dividend of $0.2635 per share. The ex-dividend date was Thursday, December 11th. This represents a c) annualized dividend and a yield of 4.3%. This is an increase from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.03.

Institutional Investors Weigh In On VictoryShares International Value Momentum ETF

Several hedge funds have recently made changes to their positions in UIVM. Flow Traders U.S. LLC acquired a new position in shares of VictoryShares International Value Momentum ETF during the second quarter worth about $2,198,000. World Investment Advisors purchased a new stake in shares of VictoryShares International Value Momentum ETF during the 2nd quarter worth approximately $569,000. Northwestern Mutual Wealth Management Co. grew its holdings in shares of VictoryShares International Value Momentum ETF by 66.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,807 shares of the company’s stock worth $572,000 after acquiring an additional 3,927 shares during the period. Empirical Asset Management LLC purchased a new position in VictoryShares International Value Momentum ETF in the 3rd quarter valued at approximately $893,000. Finally, Financial Enhancement Group LLC increased its stake in VictoryShares International Value Momentum ETF by 2.1% in the 4th quarter. Financial Enhancement Group LLC now owns 22,122 shares of the company’s stock valued at $1,486,000 after purchasing an additional 464 shares in 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.