VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Stock Short Interest Report for October

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,743 shares, a decrease of 69.0% from the September 30th total of 5,616 shares. Based on an average trading volume of 7,518 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.0% of the company’s stock are sold short.

VictoryShares International Value Momentum ETF Price Performance

Shares of NASDAQ UIVM traded up $0.40 during midday trading on Thursday, hitting $73.73. 1,799 shares of the company’s stock were exchanged, compared to its average volume of 4,576. The firm’s fifty day simple moving average is $75.41 and its 200-day simple moving average is $72.60. The company has a market cap of $331.81 million, a PE ratio of 11.59 and a beta of 0.69. VictoryShares International Value Momentum ETF has a twelve month low of $60.05 and a twelve month high of $79.27.

VictoryShares International Value Momentum ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Friday, October 9th. Shareholders of record on Thursday, October 8th were paid a $0.2794 dividend. This is a decrease from VictoryShares International Value Momentum ETF’s previous monthly dividend of $1.2079. This represents a $3.35 annualized dividend and a yield of 4.5%. The ex-dividend date was Thursday, October 8th.

Institutional Trading of VictoryShares International Value Momentum ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in UIVM. Financial Enhancement Group LLC acquired a new stake in VictoryShares International Value Momentum ETF during the 3rd quarter worth $1,566,000. IFP Advisors Inc boosted its stake in shares of VictoryShares International Value Momentum ETF by 51.4% in the third quarter. IFP Advisors Inc now owns 15,097 shares of the company’s stock valued at $1,123,000 after buying an additional 5,124 shares in the last quarter. World Investment Advisors lifted its holdings in VictoryShares International Value Momentum ETF by 10.5% in 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 during the period. Finally, Envestnet Asset Management Inc. boosted its position in shares of VictoryShares International Value Momentum ETF by 4.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,065 shares of the company’s stock worth $364,000 after purchasing an additional 206 shares in the last quarter.

About VictoryShares International Value Momentum ETF

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.