VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Short Interest Update

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the recipient of a significant drop in short interest during the month of 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 shares are short sold. Based on an average daily volume of 3,325 shares, the days-to-cover ratio is currently 2.2 days.

Institutional Trading of VictoryShares International Value Momentum ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Bank of America Corp DE increased its holdings in VictoryShares International Value Momentum ETF by 1,518.8% during the second quarter. Bank of America Corp DE now owns 518 shares of the company’s stock worth $30,000 after buying an additional 486 shares during the last quarter. LPL Financial LLC purchased a new stake in shares of VictoryShares International Value Momentum ETF during the fourth quarter worth $213,000. World Investment Advisors grew its position in shares of VictoryShares International Value Momentum ETF by 10.5% in the first quarter. World Investment Advisors now owns 3,910 shares of the company’s stock valued at $267,000 after purchasing an additional 370 shares in the last quarter. Sigma Planning Corp bought a new stake in shares of VictoryShares International Value Momentum ETF during the 4th quarter valued at $288,000. Finally, Jane Street Group LLC grew its holdings in VictoryShares International Value Momentum ETF by 36.6% during the 4th quarter. Jane Street Group LLC now owns 5,035 shares of the company’s stock valued at $325,000 after buying an additional 1,349 shares in the last quarter.

VictoryShares International Value Momentum ETF Stock Performance

Shares of UIVM stock traded up $0.16 during mid-day trading on Friday, hitting $77.84. The company’s stock had a trading volume of 461 shares, compared to its average volume of 4,273. The company has a market cap of $350.28 million, a PE ratio of 11.59 and a beta of 0.69. VictoryShares International Value Momentum ETF has a 52 week low of $59.69 and a 52 week high of $78.26. The company’s fifty day simple moving average is $74.70 and its 200-day simple moving average is $72.48.

VictoryShares International Value Momentum ETF Cuts Dividend

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

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.