Short Interest in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Grows By 238.4%

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) saw a large increase in short interest in July. As of July 15th, there was short interest totaling 5,935 shares, an increase of 238.4% from the June 30th total of 1,754 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 6,107 shares, the short-interest ratio is presently 1.0 days.

VictoryShares Emerging Markets Value Momentum ETF Stock Down 0.2%

Shares of UEVM traded down $0.09 during trading hours on Friday, hitting $58.50. The company had a trading volume of 332 shares, compared to its average volume of 5,237. VictoryShares Emerging Markets Value Momentum ETF has a 52-week low of $51.85 and a 52-week high of $61.77. The stock’s 50 day moving average price is $59.03 and its 200 day moving average price is $59.12. The firm has a market cap of $245.71 million, a P/E ratio of 11.04 and a beta of 0.55.

VictoryShares Emerging Markets Value Momentum ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were given a $0.4573 dividend. The ex-dividend date was Thursday, July 9th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%. This is an increase from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.06.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in UEVM. Citadel Advisors LLC purchased a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF in the 3rd quarter worth about $720,000. Bank of America Corp DE increased its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.9% during the first quarter. Bank of America Corp DE now owns 229,224 shares of the company’s stock valued at $13,115,000 after buying an additional 8,642 shares during the period. Jane Street Group LLC bought a new position in VictoryShares Emerging Markets Value Momentum ETF in the first quarter worth about $382,000. Raymond James Financial Inc. lifted its stake in shares of VictoryShares Emerging Markets Value Momentum ETF by 55.1% in the 2nd quarter. Raymond James Financial Inc. now owns 16,589 shares of the company’s stock valued at $870,000 after purchasing an additional 5,891 shares during the period. Finally, Northeast Planning Associates INC. NH boosted its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.1% during the fourth quarter. Northeast Planning Associates INC. NH now owns 50,572 shares of the company’s stock valued at $2,804,000 after purchasing an additional 1,518 shares in the last quarter.

VictoryShares Emerging Markets Value Momentum ETF Company Profile

The VictoryShares Emerging Markets Value Momentum ETF (UEVM) 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 emerging economies. UEVM was launched on Oct 24, 2017 and is managed by VictoryShares.