VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Short Interest Down 57.7% in July

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the target of a significant decline in short interest during the month of July. As of July 31st, there was short interest totaling 2,512 shares, a decline of 57.7% from the July 15th total of 5,935 shares. Based on an average daily volume of 2,685 shares, the short-interest ratio is currently 0.9 days. Approximately 0.1% of the shares of the company are sold short.

VictoryShares Emerging Markets Value Momentum ETF Price Performance

Shares of VictoryShares Emerging Markets Value Momentum ETF stock traded down $0.26 during trading hours on Friday, hitting $59.47. 3,461 shares of the company’s stock traded hands, compared to its average volume of 4,939. VictoryShares Emerging Markets Value Momentum ETF has a 12-month low of $52.98 and a 12-month high of $61.77. The stock has a market capitalization of $249.77 million, a price-to-earnings ratio of 11.04 and a beta of 0.55. The company has a fifty day simple moving average of $59.10 and a 200-day simple moving average of $59.30.

VictoryShares Emerging Markets Value Momentum ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 10th. Investors of record on Friday, August 7th were given a dividend of $0.1082 per share. The ex-dividend date was Friday, August 7th. This represents a c) annualized dividend and a yield of 2.2%.

Institutional Trading of VictoryShares Emerging Markets Value Momentum ETF

A number of large investors have recently added to or reduced their stakes in UEVM. Jane Street Group LLC purchased a new position in VictoryShares Emerging Markets Value Momentum ETF in the first quarter valued at about $382,000. Citadel Advisors LLC purchased a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF during the 3rd quarter worth approximately $720,000. OLD Mission Capital LLC raised its holdings in shares of 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 worth $753,000 after purchasing an additional 1,323 shares during the period. Raymond James Financial Inc. raised its holdings 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 worth $870,000 after purchasing an additional 5,891 shares during the period. Finally, Sigma Planning Corp raised its holdings in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.7% in the 4th quarter. Sigma Planning Corp now owns 17,782 shares of the company’s stock worth $986,000 after purchasing an additional 638 shares during the period.

About VictoryShares Emerging Markets Value Momentum ETF

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.