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

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 3,539 shares, a decrease of 43.0% from the January 15th total of 6,213 shares. Based on an average daily volume of 2,867 shares, the short-interest ratio is currently 1.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average daily volume of 2,867 shares, the short-interest ratio is currently 1.2 days.

VictoryShares Emerging Markets Value Momentum ETF Stock Performance

VictoryShares Emerging Markets Value Momentum ETF stock opened at $60.48 on Friday. VictoryShares Emerging Markets Value Momentum ETF has a fifty-two week low of $41.47 and a fifty-two week high of $61.18. The stock has a market cap of $247.97 million, a P/E ratio of 11.04 and a beta of 0.59. The firm’s fifty day moving average price is $57.56 and its 200-day moving average price is $56.01.

VictoryShares Emerging Markets Value Momentum ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were issued a $0.6572 dividend. This represents a c) annualized dividend and a yield of 13.0%. This is a boost from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.09. The ex-dividend date was Thursday, December 11th.

Hedge Funds Weigh In On VictoryShares Emerging Markets Value Momentum ETF

A number of institutional investors have recently bought and sold shares of the stock. Northeast Planning Associates INC. NH increased its holdings in VictoryShares Emerging Markets Value Momentum ETF by 3.1% in the 4th quarter. Northeast Planning Associates INC. NH now owns 50,572 shares of the company’s stock valued at $2,804,000 after acquiring an additional 1,518 shares during the last quarter. Sigma Planning Corp lifted its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.7% in the 4th 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 period. Citadel Advisors LLC bought a new stake in VictoryShares Emerging Markets Value Momentum ETF during the 3rd quarter valued at $720,000. Raymond James Financial Inc. grew its stake in VictoryShares Emerging Markets Value Momentum ETF by 9.2% in the third quarter. Raymond James Financial Inc. now owns 18,110 shares of the company’s stock valued at $1,005,000 after purchasing an additional 1,521 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in VictoryShares Emerging Markets Value Momentum ETF during the first quarter valued at approximately $382,000.

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.