VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Sees Large Growth in Short Interest

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) saw a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 2,846 shares, a growth of 32.7% from the February 26th total of 2,144 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 5,677 shares, the days-to-cover ratio is presently 0.5 days.

Hedge Funds Weigh In On VictoryShares Emerging Markets Value Momentum ETF

A number of large investors have recently bought and sold shares of the business. Jane Street Group LLC bought a new position in VictoryShares Emerging Markets Value Momentum ETF in the 1st quarter valued at $382,000. Citadel Advisors LLC bought a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF during the third quarter worth $720,000. OLD Mission Capital LLC boosted its stake in shares of VictoryShares Emerging Markets Value Momentum ETF by 10.8% during the fourth quarter. OLD Mission Capital LLC now owns 13,589 shares of the company’s stock valued at $753,000 after purchasing an additional 1,323 shares during the period. Raymond James Financial Inc. grew its holdings 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 purchasing an additional 5,891 shares during the last quarter. Finally, Sigma Planning Corp grew its holdings 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 purchasing an additional 638 shares during the last quarter.

VictoryShares Emerging Markets Value Momentum ETF Trading Down 0.1%

Shares of UEVM stock opened at $56.09 on Friday. VictoryShares Emerging Markets Value Momentum ETF has a 12 month low of $41.47 and a 12 month high of $61.76. The company has a 50 day simple moving average of $58.96 and a two-hundred day simple moving average of $57.01. The stock has a market cap of $229.97 million, a P/E ratio of 11.04 and a beta of 0.59.

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.