VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Short Interest Down 31.4% in March

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the target of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 1,643 shares, a decrease of 31.4% from the February 26th total of 2,395 shares. Based on an average trading volume of 8,888 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of UIVM. Bank of America Corp DE grew its position in shares of VictoryShares International Value Momentum ETF by 1,518.8% in the 2nd quarter. Bank of America Corp DE now owns 518 shares of the company’s stock valued at $30,000 after buying an additional 486 shares during the last quarter. LPL Financial LLC purchased a new stake in VictoryShares International Value Momentum ETF in the fourth quarter valued at $213,000. Sigma Planning Corp acquired a new position in VictoryShares International Value Momentum ETF in the fourth quarter valued at $288,000. Jane Street Group LLC boosted its stake in VictoryShares International Value Momentum ETF by 36.6% in the fourth quarter. Jane Street Group LLC now owns 5,035 shares of the company’s stock valued at $325,000 after acquiring an additional 1,349 shares in the last quarter. Finally, IFP Advisors Inc purchased a new position in shares of VictoryShares International Value Momentum ETF during the fourth quarter worth about $379,000.

VictoryShares International Value Momentum ETF Stock Performance

Shares of NASDAQ UIVM opened at $66.22 on Friday. The stock’s 50-day simple moving average is $69.82 and its 200-day simple moving average is $65.01. The firm has a market capitalization of $294.68 million, a PE ratio of 11.59 and a beta of 0.73. VictoryShares International Value Momentum ETF has a fifty-two week low of $46.35 and a fifty-two week high of $74.27.

VictoryShares International Value Momentum ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 11th. Shareholders of record on Tuesday, March 10th were issued a dividend of $0.0176 per share. The ex-dividend date of this dividend was Tuesday, March 10th.

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.