VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Short Interest Down 69.9% in August

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the target of a large drop in short interest in August. As of August 14th, there was short interest totaling 7,195 shares, a drop of 69.9% from the July 30th total of 23,886 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 3,325 shares, the days-to-cover ratio is currently 2.2 days.

VictoryShares International Value Momentum ETF Trading Down 0.3%

Shares of UIVM traded down $0.26 during trading hours on Thursday, hitting $77.60. The company had a trading volume of 1,373 shares, compared to its average volume of 4,279. The company has a market capitalization of $349.20 million, a PE ratio of 11.59 and a beta of 0.69. VictoryShares International Value Momentum ETF has a one year low of $59.69 and a one year high of $78.26. The company’s fifty day moving average price is $74.61 and its two-hundred day moving average price is $72.43.

VictoryShares International Value Momentum ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were issued a $0.0446 dividend. The ex-dividend date was Friday, August 7th. This represents a c) dividend on an annualized basis and a yield of 0.7%.

Institutional Trading of VictoryShares International Value Momentum ETF

A number of institutional investors have recently modified their holdings of UIVM. World Investment Advisors lifted its position in VictoryShares International Value Momentum ETF by 10.5% during the first quarter. World Investment Advisors now owns 3,910 shares of the company’s stock valued at $267,000 after acquiring an additional 370 shares during the last quarter. Bank of America Corp DE grew its holdings in VictoryShares International Value Momentum ETF by 1,518.8% in the second quarter. Bank of America Corp DE now owns 518 shares of the company’s stock worth $30,000 after purchasing an additional 486 shares during the last quarter. Jane Street Group LLC increased its position in shares of 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 worth $325,000 after purchasing an additional 1,349 shares in the last quarter. LPL Financial LLC purchased a new stake in shares of VictoryShares International Value Momentum ETF during the 4th quarter valued at $213,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of VictoryShares International Value Momentum ETF by 38.7% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 13,604 shares of the company’s stock valued at $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.