Short Interest in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Increases By 789.7%

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the target of a large growth in short interest in February. As of February 13th, there was short interest totaling 68,081 shares, a growth of 789.7% from the January 29th total of 7,652 shares. Based on an average daily volume of 9,595 shares, the short-interest ratio is currently 7.1 days. Currently, 1.5% of the company’s stock are sold short. Currently, 1.5% of the company’s stock are sold short. Based on an average daily volume of 9,595 shares, the short-interest ratio is currently 7.1 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Flow Traders U.S. LLC acquired a new stake in shares of VictoryShares International Value Momentum ETF in the second quarter valued at about $2,198,000. World Investment Advisors bought a new position in VictoryShares International Value Momentum ETF in the second quarter valued at approximately $569,000. LPL Financial LLC bought a new position in VictoryShares International Value Momentum ETF in the fourth quarter valued at approximately $213,000. Bank of America Corp DE increased its position in shares of VictoryShares International Value Momentum ETF by 107.7% during the 3rd quarter. Bank of America Corp DE now owns 1,076 shares of the company’s stock worth $66,000 after purchasing an additional 558 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its stake in shares of VictoryShares International Value Momentum ETF by 54.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 20,974 shares of the company’s stock worth $1,353,000 after purchasing an additional 7,370 shares in the last quarter.

VictoryShares International Value Momentum ETF Stock Up 1.3%

Shares of UIVM stock opened at $74.27 on Thursday. VictoryShares International Value Momentum ETF has a 12-month low of $46.35 and a 12-month high of $74.27. The firm has a fifty day moving average of $68.20 and a 200-day moving average of $63.80. The company has a market capitalization of $330.50 million, a price-to-earnings ratio of 11.59 and a beta of 0.73.

VictoryShares International Value Momentum ETF Increases Dividend

The company 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 $0.2635 per share. This is a boost from VictoryShares International Value Momentum ETF’s previous monthly dividend of $0.03. The ex-dividend date was Thursday, December 11th. This represents a c) dividend on an annualized basis and a yield of 4.3%.

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.