Short Interest in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Decreases By 33.1%

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the target of a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 7,652 shares, a decrease of 33.1% from the January 15th total of 11,431 shares. Based on an average daily volume of 12,567 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average daily volume of 12,567 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On VictoryShares International Value Momentum ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Jane Street Group LLC grew its stake in shares of VictoryShares International Value Momentum ETF by 36.6% during the 4th quarter. Jane Street Group LLC now owns 5,035 shares of the company’s stock worth $325,000 after purchasing an additional 1,349 shares during the period. StoneX Group Inc. acquired a new position in VictoryShares International Value Momentum ETF during the fourth quarter worth about $5,952,000. LPL Financial LLC purchased a new position in VictoryShares International Value Momentum ETF in the fourth quarter valued at about $213,000. Northwestern Mutual Wealth Management Co. increased its holdings in VictoryShares International Value Momentum ETF by 54.2% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 20,974 shares of the company’s stock valued at $1,353,000 after buying an additional 7,370 shares in the last quarter. Finally, Empirical Asset Management LLC lifted its position in shares of VictoryShares International Value Momentum ETF by 57.6% during the 4th quarter. Empirical Asset Management LLC now owns 23,037 shares of the company’s stock valued at $1,487,000 after acquiring an additional 8,423 shares during the period.

VictoryShares International Value Momentum ETF Stock Performance

Shares of UIVM opened at $72.32 on Friday. VictoryShares International Value Momentum ETF has a 1 year low of $46.35 and a 1 year high of $73.12. The stock has a market capitalization of $321.82 million, a P/E ratio of 11.59 and a beta of 0.73. The company’s fifty day moving average is $66.67 and its two-hundred day moving average is $63.00.

VictoryShares International Value Momentum ETF Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were paid a $0.2635 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.4%. 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.

About VictoryShares International Value Momentum ETF

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.