VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Short Interest Down 69.9% in August

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 7,195 shares, a decline of 69.9% from the July 30th total of 23,886 shares. Based on an average trading volume of 3,325 shares, the short-interest ratio is currently 2.2 days. Currently, 0.2% of the company’s shares are sold short.

VictoryShares International Value Momentum ETF Stock Down 0.3%

NASDAQ:UIVM traded down $0.26 during midday trading on Thursday, hitting $77.60. The stock had a trading volume of 1,373 shares, compared to its average volume of 4,279. VictoryShares International Value Momentum ETF has a one year low of $59.69 and a one year high of $78.26. The company has a market capitalization of $349.20 million, a price-to-earnings ratio of 11.59 and a beta of 0.69. The stock has a 50-day moving average of $74.61 and a 200 day moving average of $72.43.

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) annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, August 7th.

Hedge Funds Weigh In On VictoryShares International Value Momentum ETF

Institutional investors have recently made changes to their positions in the company. Empirical Asset Management LLC lifted its stake in VictoryShares International Value Momentum ETF by 57.6% in the fourth quarter. Empirical Asset Management LLC now owns 23,037 shares of the company’s stock worth $1,487,000 after acquiring an additional 8,423 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of VictoryShares International Value Momentum ETF by 54.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 20,974 shares of the company’s stock valued at $1,353,000 after purchasing an additional 7,370 shares in the last quarter. IFP Advisors Inc purchased a new stake in shares of VictoryShares International Value Momentum ETF in the 4th quarter worth approximately $379,000. Bank of America Corp DE lifted 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 worth $30,000 after purchasing an additional 486 shares during the period. Finally, Sigma Planning Corp bought a new position in shares of VictoryShares International Value Momentum ETF during the fourth quarter valued at approximately $288,000.

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.