Short Interest in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Increases By 63.8%

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 2,248 shares, an increase of 63.8% from the April 30th total of 1,372 shares. Based on an average daily volume of 4,598 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On VictoryShares Emerging Markets Value Momentum ETF

Hedge funds have recently bought and sold shares of the stock. Bank of America Corp DE increased its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.9% in 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 in the last quarter. Northeast Planning Associates INC. NH raised its stake in VictoryShares Emerging Markets Value Momentum ETF by 3.1% in the 4th 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 during the last quarter. Sigma Planning Corp grew its holdings in VictoryShares Emerging Markets Value Momentum ETF by 5.4% in the 1st quarter. Sigma Planning Corp now owns 18,740 shares of the company’s stock valued at $1,072,000 after buying an additional 958 shares in the last quarter. Raymond James Financial Inc. grew its holdings in VictoryShares Emerging Markets Value Momentum ETF by 9.2% in the 3rd quarter. Raymond James Financial Inc. now owns 18,110 shares of the company’s stock valued at $1,005,000 after buying an additional 1,521 shares in the last quarter. Finally, OLD Mission Capital LLC grew its holdings in VictoryShares Emerging Markets Value Momentum ETF by 10.8% in the 4th quarter. OLD Mission Capital LLC now owns 13,589 shares of the company’s stock valued at $753,000 after buying an additional 1,323 shares in the last quarter.

VictoryShares Emerging Markets Value Momentum ETF Stock Down 0.1%

Shares of NASDAQ:UEVM traded down $0.06 during trading on Thursday, hitting $60.36. The stock had a trading volume of 1,224 shares, compared to its average volume of 5,751. VictoryShares Emerging Markets Value Momentum ETF has a 12-month low of $50.28 and a 12-month high of $61.77. The stock has a market capitalization of $253.51 million, a price-to-earnings ratio of 11.04 and a beta of 0.55. The stock has a 50-day simple moving average of $59.57 and a two-hundred day simple moving average of $58.35.

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.