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

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 23,886 shares, an increase of 10,516.0% from the July 15th total of 225 shares. Based on an average daily volume of 3,626 shares, the short-interest ratio is presently 6.6 days. Approximately 0.5% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE increased its position in VictoryShares International Value Momentum ETF by 1,518.8% during the 2nd quarter. Bank of America Corp DE now owns 518 shares of the company’s stock valued at $30,000 after purchasing an additional 486 shares during the period. LPL Financial LLC acquired a new stake in shares of VictoryShares International Value Momentum ETF in the 4th quarter valued at about $213,000. World Investment Advisors increased its holdings in shares of VictoryShares International Value Momentum ETF by 10.5% during the first quarter. World Investment Advisors now owns 3,910 shares of the company’s stock valued at $267,000 after acquiring an additional 370 shares in the last quarter. Sigma Planning Corp bought a new position in shares of VictoryShares International Value Momentum ETF in the fourth quarter valued at $288,000. Finally, Jane Street Group LLC boosted its stake 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 purchasing an additional 1,349 shares during the last quarter.

VictoryShares International Value Momentum ETF Stock Performance

Shares of UIVM traded up $0.26 during mid-day trading on Tuesday, reaching $77.06. The company had a trading volume of 8,382 shares, compared to its average volume of 4,288. The company’s 50 day simple moving average is $73.48 and its 200 day simple moving average is $71.69. The company has a market capitalization of $346.77 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 $59.69 and a 1-year high of $77.40.

VictoryShares International Value Momentum ETF Cuts Dividend

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

VictoryShares International Value Momentum ETF Company Profile

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.