Short Interest in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Decreases By 31.4%

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 1,643 shares, a decrease of 31.4% from the February 26th total of 2,395 shares. Based on an average daily volume of 8,888 shares, the short-interest ratio is currently 0.2 days. Currently, 0.0% of the company’s shares are short sold.

VictoryShares International Value Momentum ETF Trading Down 0.6%

Shares of NASDAQ:UIVM opened at $66.22 on Friday. The business has a 50-day moving average price of $69.82 and a 200 day moving average price of $65.01. The company has a market capitalization of $294.68 million, a price-to-earnings ratio of 11.59 and a beta of 0.73. VictoryShares International Value Momentum ETF has a 12-month low of $46.35 and a 12-month high of $74.27.

VictoryShares International Value Momentum ETF Announces Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, March 10th were paid a dividend of $0.0176 per share. The ex-dividend date of this dividend was Tuesday, March 10th.

Institutional Investors Weigh In On VictoryShares International Value Momentum ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC boosted its stake in shares of VictoryShares International Value Momentum ETF by 36.6% in 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. StoneX Group Inc. acquired a new stake in VictoryShares International Value Momentum ETF during the 4th quarter worth approximately $5,952,000. LPL Financial LLC acquired a new stake in VictoryShares International Value Momentum ETF during the 4th quarter worth approximately $213,000. Northwestern Mutual Wealth Management Co. lifted its holdings in VictoryShares International Value Momentum ETF by 54.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 20,974 shares of the company’s stock worth $1,353,000 after buying an additional 7,370 shares in the last quarter. Finally, Empirical Asset Management LLC boosted its position in VictoryShares International Value Momentum ETF by 57.6% in the 4th quarter. Empirical Asset Management LLC now owns 23,037 shares of the company’s stock valued at $1,487,000 after buying an additional 8,423 shares during the period.

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.