Short Interest in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Drops By 47.2%

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) saw a significant decline in short interest during the month of June. As of June 30th, there was short interest totaling 319 shares, a decline of 47.2% from the June 15th total of 604 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average trading volume of 1,131 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On VictoryShares International Value Momentum ETF

Institutional investors have recently modified their holdings of the stock. Bank of America Corp DE grew its holdings 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 period. LPL Financial LLC bought a new position in VictoryShares International Value Momentum ETF during the fourth quarter worth about $213,000. World Investment Advisors grew its stake 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. Sigma Planning Corp bought a new stake in shares of VictoryShares International Value Momentum ETF in the fourth quarter worth about $288,000. Finally, Jane Street Group LLC increased its holdings in shares of 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 worth $325,000 after acquiring an additional 1,349 shares in the last quarter.

VictoryShares International Value Momentum ETF Stock Down 0.1%

UIVM stock traded down $0.08 during midday trading on Thursday, reaching $73.67. The stock had a trading volume of 765 shares, compared to its average volume of 4,374. The firm has a market cap of $331.51 million, a price-to-earnings ratio of 11.59 and a beta of 0.69. VictoryShares International Value Momentum ETF has a twelve month low of $57.81 and a twelve month high of $74.45. The business has a fifty day simple moving average of $72.76 and a two-hundred day simple moving average of $70.52.

VictoryShares International Value Momentum ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were paid a $0.2725 dividend. This is an increase from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.27. The ex-dividend date of this dividend was Thursday, July 9th. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%.

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.