VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Stock Short Interest Report for September

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the recipient of a large drop in short interest in September. As of September 30th, there was short interest totaling 5,616 shares, a drop of 37.5% from the September 15th total of 8,980 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 5,395 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of VictoryShares International Value Momentum ETF

Institutional investors have recently added to or reduced their stakes in the business. Financial Enhancement Group LLC bought a new position in VictoryShares International Value Momentum ETF during the third quarter valued at about $1,566,000. Envestnet Asset Management Inc. boosted its holdings in shares of VictoryShares International Value Momentum ETF by 4.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,065 shares of the company’s stock worth $364,000 after buying an additional 206 shares during the period. Finally, World Investment Advisors grew its stake in VictoryShares International Value Momentum ETF by 10.5% in the 1st quarter. World Investment Advisors now owns 3,910 shares of the company’s stock valued at $267,000 after buying an additional 370 shares during the last quarter.

VictoryShares International Value Momentum ETF Stock Performance

Shares of NASDAQ:UIVM traded up $0.21 during midday trading on Friday, reaching $73.31. The company had a trading volume of 1,528 shares, compared to its average volume of 4,663. The company has a fifty day simple moving average of $76.18 and a two-hundred day simple moving average of $73.78. The firm has a market cap of $329.88 million, a price-to-earnings ratio of 11.59 and a beta of 0.69. VictoryShares International Value Momentum ETF has a 1-year low of $60.05 and a 1-year high of $79.27.

VictoryShares International Value Momentum ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were paid a $0.2794 dividend. This represents a $3.35 dividend on an annualized basis and a dividend yield of 4.6%. This is a drop from VictoryShares International Value Momentum ETF’s previous monthly dividend of $1.2079. The ex-dividend date of this dividend was Thursday, October 8th.

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.