VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Short Interest Update

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 2,512 shares, a decline of 57.7% from the July 15th total of 5,935 shares. Based on an average trading volume of 2,685 shares, the days-to-cover ratio is currently 0.9 days. Currently, 0.1% of the shares of the company are short sold.

Hedge Funds Weigh In On VictoryShares Emerging Markets Value Momentum ETF

Several hedge funds and other institutional investors have recently modified their holdings of UEVM. Citadel Advisors LLC purchased a new position in shares of VictoryShares Emerging Markets Value Momentum ETF in the 3rd quarter worth $720,000. Bank of America Corp DE lifted its holdings in VictoryShares Emerging Markets Value Momentum ETF by 3.9% in the first quarter. Bank of America Corp DE now owns 229,224 shares of the company’s stock valued at $13,115,000 after acquiring an additional 8,642 shares during the period. Jane Street Group LLC bought a new position in VictoryShares Emerging Markets Value Momentum ETF in the first quarter valued at about $382,000. Raymond James Financial Inc. boosted its position in 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 purchasing an additional 5,891 shares during the last quarter. Finally, Northeast Planning Associates INC. NH boosted its position in VictoryShares Emerging Markets Value Momentum ETF by 3.1% in the fourth 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 during the last quarter.

VictoryShares Emerging Markets Value Momentum ETF Stock Down 0.4%

Shares of VictoryShares Emerging Markets Value Momentum ETF stock opened at $59.47 on Friday. The company has a market cap of $249.77 million, a price-to-earnings ratio of 11.04 and a beta of 0.55. The company’s 50 day moving average is $59.10 and its 200 day moving average is $59.30. VictoryShares Emerging Markets Value Momentum ETF has a twelve month low of $52.98 and a twelve month high of $61.77.

VictoryShares Emerging Markets Value Momentum ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, August 10th. Shareholders of record on Friday, August 7th were given a $0.1082 dividend. This represents a c) dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Friday, August 7th.

VictoryShares Emerging Markets Value Momentum ETF Company Profile

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.