VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Sees Large Growth in Short Interest

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) saw a significant growth in short interest in May. As of May 29th, there was short interest totaling 732 shares, a growth of 134.6% from the May 14th total of 312 shares. Based on an average daily volume of 1,629 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s stock are sold short.

VictoryShares International Value Momentum ETF Stock Performance

Shares of NASDAQ UIVM traded up $0.23 during mid-day trading on Friday, hitting $73.20. 947 shares of the stock traded hands, compared to its average volume of 5,023. VictoryShares International Value Momentum ETF has a 52 week low of $56.10 and a 52 week high of $74.27. The company has a market cap of $329.40 million, a price-to-earnings ratio of 11.59 and a beta of 0.69. The stock has a fifty day moving average price of $71.94 and a 200-day moving average price of $68.94.

VictoryShares International Value Momentum ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 10th. Investors of record on Tuesday, June 9th were given a dividend of $0.3806 per share. This is a boost from VictoryShares International Value Momentum ETF’s previous dividend of $0.02. The ex-dividend date was Tuesday, June 9th.

Institutional Investors Weigh In On VictoryShares International Value Momentum ETF

Several hedge funds have recently made changes to their positions in UIVM. StoneX Group Inc. bought a new stake in shares of VictoryShares International Value Momentum ETF during the fourth quarter valued at approximately $5,952,000. Susquehanna International Group LLP boosted its position in shares of VictoryShares International Value Momentum ETF by 421.6% during the third quarter. Susquehanna International Group LLP now owns 31,089 shares of the company’s stock valued at $1,899,000 after purchasing an additional 25,129 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of VictoryShares International Value Momentum ETF during the third quarter valued at approximately $1,057,000. Empirical Asset Management LLC bought a new stake in shares of VictoryShares International Value Momentum ETF during the third quarter valued at approximately $893,000. Finally, Jane Street Group LLC boosted its position in shares of VictoryShares International Value Momentum ETF by 56.5% during the first quarter. Jane Street Group LLC now owns 33,813 shares of the company’s stock valued at $1,729,000 after purchasing an additional 12,208 shares in the last quarter.

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.