Short Interest in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Increases By 238.4%

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 5,935 shares, a growth of 238.4% from the June 30th total of 1,754 shares. Based on an average trading volume of 6,107 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.1% of the company’s shares are sold short.

Hedge Funds Weigh In On VictoryShares Emerging Markets Value Momentum ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC acquired a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF in the first quarter worth about $382,000. Citadel Advisors LLC bought a new position in VictoryShares Emerging Markets Value Momentum ETF in the third quarter worth $720,000. OLD Mission Capital LLC lifted its holdings in shares of VictoryShares Emerging Markets Value Momentum ETF by 10.8% during the 4th quarter. OLD Mission Capital LLC now owns 13,589 shares of the company’s stock worth $753,000 after acquiring an additional 1,323 shares during the period. Raymond James Financial Inc. lifted its stake in VictoryShares Emerging Markets Value Momentum ETF by 55.1% during the second quarter. Raymond James Financial Inc. now owns 16,589 shares of the company’s stock worth $870,000 after purchasing an additional 5,891 shares during the period. Finally, Sigma Planning Corp lifted its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.7% during the 4th quarter. Sigma Planning Corp now owns 17,782 shares of the company’s stock worth $986,000 after buying an additional 638 shares during the period.

VictoryShares Emerging Markets Value Momentum ETF Stock Up 1.7%

Shares of VictoryShares Emerging Markets Value Momentum ETF stock opened at $59.51 on Tuesday. The stock has a market cap of $249.94 million, a PE ratio of 11.04 and a beta of 0.55. VictoryShares Emerging Markets Value Momentum ETF has a 12 month low of $51.85 and a 12 month high of $61.77. The business has a fifty day simple moving average of $59.03 and a 200-day simple moving average of $59.15.

VictoryShares Emerging Markets Value Momentum ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were given a dividend of $0.4573 per share. The ex-dividend date of this dividend was Thursday, July 9th. This is a positive change from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.06. This represents a c) dividend on an annualized basis and a yield of 9.2%.

About VictoryShares Emerging Markets Value Momentum ETF

The VictoryShares Emerging Markets Value Momentum ETF (UEVM) 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 emerging economies. UEVM was launched on Oct 24, 2017 and is managed by VictoryShares.