VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Short Interest Up 63.8% in May

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the target of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 2,248 shares, a growth of 63.8% from the April 30th total of 1,372 shares. Based on an average daily volume of 4,598 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On VictoryShares Emerging Markets Value Momentum ETF

Several institutional investors have recently made changes to their positions in UEVM. Jane Street Group LLC acquired a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF during the 1st quarter valued at about $382,000. Raymond James Financial Inc. grew its stake in shares of VictoryShares Emerging Markets Value Momentum ETF by 55.1% in the second quarter. Raymond James Financial Inc. now owns 16,589 shares of the company’s stock worth $870,000 after acquiring an additional 5,891 shares during the last quarter. Citadel Advisors LLC acquired a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF in the third quarter worth $720,000. Sigma Planning Corp grew its stake in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.7% in the fourth quarter. Sigma Planning Corp now owns 17,782 shares of the company’s stock worth $986,000 after acquiring an additional 638 shares during the last quarter. Finally, Northeast Planning Associates INC. NH grew its holdings in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.1% during the 4th quarter. Northeast Planning Associates INC. NH now owns 50,572 shares of the company’s stock worth $2,804,000 after purchasing an additional 1,518 shares in the last quarter.

VictoryShares Emerging Markets Value Momentum ETF Trading Down 0.1%

Shares of NASDAQ UEVM opened at $60.33 on Friday. VictoryShares Emerging Markets Value Momentum ETF has a one year low of $50.28 and a one year high of $61.77. The firm has a market capitalization of $253.39 million, a PE ratio of 11.04 and a beta of 0.55. The business has a 50-day moving average price of $59.65 and a two-hundred day moving average price of $58.37.

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.