Short Interest in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Increases By 550.6%

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the target of a large increase in short interest in January. As of January 15th, there was short interest totaling 6,213 shares, an increase of 550.6% from the December 31st total of 955 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 4,016 shares, the short-interest ratio is currently 1.5 days. Based on an average daily volume of 4,016 shares, the short-interest ratio is currently 1.5 days. Currently, 0.2% of the company’s stock are short sold.

VictoryShares Emerging Markets Value Momentum ETF Trading Up 1.3%

Shares of UEVM stock opened at $60.39 on Wednesday. VictoryShares Emerging Markets Value Momentum ETF has a twelve month low of $41.47 and a twelve month high of $60.39. The stock has a fifty day simple moving average of $56.59 and a two-hundred day simple moving average of $55.45. The stock has a market capitalization of $247.60 million, a price-to-earnings ratio of 11.04 and a beta of 0.59.

VictoryShares Emerging Markets Value Momentum ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were issued a dividend of $0.6572 per share. This represents a c) annualized dividend and a yield of 13.1%. The ex-dividend date was Thursday, December 11th. This is a positive change from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.09.

Institutional Investors Weigh In On VictoryShares Emerging Markets Value Momentum ETF

Hedge funds have recently modified their holdings of the business. Jane Street Group LLC purchased a new position in VictoryShares Emerging Markets Value Momentum ETF during the first quarter valued at approximately $382,000. Northeast Planning Associates INC. NH increased its holdings in shares of VictoryShares Emerging Markets Value Momentum ETF by 5.9% in the 2nd quarter. Northeast Planning Associates INC. NH now owns 45,642 shares of the company’s stock valued at $2,393,000 after acquiring an additional 2,532 shares during the period. Raymond James Financial Inc. increased its holdings in shares of VictoryShares Emerging Markets Value Momentum ETF by 55.1% in the 2nd quarter. Raymond James Financial Inc. now owns 16,589 shares of the company’s stock valued at $870,000 after acquiring an additional 5,891 shares during the period. Finally, Citadel Advisors LLC bought a new position in shares of VictoryShares Emerging Markets Value Momentum ETF in the 3rd quarter worth $720,000.

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.