VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Short Interest Down 31.4% in March

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 1,643 shares, a drop of 31.4% from the February 26th total of 2,395 shares. Based on an average daily trading volume, of 8,888 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Institutional Trading of VictoryShares International Value Momentum ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Jane Street Group LLC raised its holdings in shares of VictoryShares International Value Momentum ETF by 56.5% during the 1st quarter. Jane Street Group LLC now owns 33,813 shares of the company’s stock valued at $1,729,000 after buying an additional 12,208 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of VictoryShares International Value Momentum ETF by 66.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 9,807 shares of the company’s stock worth $572,000 after acquiring an additional 3,927 shares during the last quarter. Flow Traders U.S. LLC purchased a new stake in shares of VictoryShares International Value Momentum ETF in the 2nd quarter valued at $2,198,000. Bank of America Corp DE grew its holdings in shares of VictoryShares International Value Momentum ETF by 1,518.8% during the 2nd quarter. Bank of America Corp DE now owns 518 shares of the company’s stock valued at $30,000 after purchasing an additional 486 shares during the last quarter. Finally, Financial Enhancement Group LLC grew its holdings in shares of VictoryShares International Value Momentum ETF by 5.5% during the 3rd quarter. Financial Enhancement Group LLC now owns 21,658 shares of the company’s stock valued at $1,322,000 after purchasing an additional 1,128 shares during the last quarter.

VictoryShares International Value Momentum ETF Stock Down 0.6%

UIVM stock opened at $66.22 on Friday. The company’s fifty day simple moving average is $69.82 and its 200 day simple moving average is $65.04. The firm has a market cap of $294.68 million, a price-to-earnings ratio of 11.59 and a beta of 0.73. VictoryShares International Value Momentum ETF has a 12-month low of $46.35 and a 12-month high of $74.27.

VictoryShares International Value Momentum ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 11th. Investors of record on Tuesday, March 10th were given a dividend of $0.0176 per share. The ex-dividend date was Tuesday, March 10th.

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.