VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Sees Large Growth in Short Interest

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,956 shares, an increase of 245.3% from the November 30th total of 856 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,086 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 8,086 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of UEVM. Northeast Planning Associates INC. NH increased its stake in VictoryShares Emerging Markets Value Momentum ETF by 5.9% during the 2nd quarter. Northeast Planning Associates INC. NH now owns 45,642 shares of the company’s stock worth $2,393,000 after buying an additional 2,532 shares in the last quarter. OLD Mission Capital LLC acquired a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF in the first quarter worth approximately $546,000. Citadel Advisors LLC acquired a new position in VictoryShares Emerging Markets Value Momentum ETF in the 3rd quarter valued at $720,000. Raymond James Financial Inc. lifted 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 purchasing an additional 1,521 shares in the last quarter. Finally, Jane Street Group LLC acquired a new stake in VictoryShares Emerging Markets Value Momentum ETF during the 1st quarter worth $382,000.

VictoryShares Emerging Markets Value Momentum ETF Stock Performance

VictoryShares Emerging Markets Value Momentum ETF stock opened at $55.60 on Thursday. The stock has a market capitalization of $227.96 million, a P/E ratio of 11.04 and a beta of 0.59. The company’s fifty day moving average price is $55.97 and its 200 day moving average price is $54.42. VictoryShares Emerging Markets Value Momentum ETF has a 1 year low of $41.47 and a 1 year high of $57.66.

VictoryShares Emerging Markets Value Momentum ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, December 12th. Stockholders of record on Thursday, December 11th were paid a dividend of $0.6572 per share. This is an increase from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a dividend yield of 14.2%. The ex-dividend date of this dividend was Thursday, December 11th.

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.