VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Stock Short Interest Climbs 98.2%

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM – Get Free Report) was the recipient of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 4,401 shares, a growth of 98.2% from the September 15th total of 2,221 shares. Based on an average trading volume of 2,332 shares, the days-to-cover ratio is presently 1.9 days. Currently, 0.1% of the company’s shares are short sold.

VictoryShares Emerging Markets Value Momentum ETF Stock Down 0.6%

Shares of NASDAQ:UEVM opened at $58.64 on Wednesday. The business has a fifty day simple moving average of $59.72 and a 200 day simple moving average of $59.46. VictoryShares Emerging Markets Value Momentum ETF has a 12-month low of $54.16 and a 12-month high of $61.77. The firm has a market cap of $243.36 million, a P/E ratio of 11.04 and a beta of 0.55.

VictoryShares Emerging Markets Value Momentum ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Friday, October 9th. Investors of record on Thursday, October 8th were issued a $0.1706 dividend. The ex-dividend date was Thursday, October 8th. This is a negative change from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.2821. This represents a $2.05 annualized dividend and a yield of 3.5%.

Institutional Investors Weigh In On VictoryShares Emerging Markets Value Momentum ETF

Several institutional investors and hedge funds have recently made changes to their positions in UEVM. Capital Analysts LLC grew its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 38.4% during the 2nd quarter. Capital Analysts LLC now owns 1,990 shares of the company’s stock valued at $115,000 after acquiring an additional 552 shares during the period. Northeast Planning Associates INC. NH grew its holdings in VictoryShares Emerging Markets Value Momentum ETF by 6.5% during the second quarter. Northeast Planning Associates INC. NH now owns 55,137 shares of the company’s stock valued at $2,982,000 after purchasing an additional 3,364 shares during the period. Bank of America Corp DE raised its stake in shares of VictoryShares Emerging Markets Value Momentum ETF by 3.9% in the first quarter. Bank of America Corp DE now owns 229,224 shares of the company’s stock valued at $13,115,000 after buying an additional 8,642 shares during the period. Finally, Sigma Planning Corp raised its stake in shares of VictoryShares Emerging Markets Value Momentum ETF by 5.4% in the first quarter. Sigma Planning Corp now owns 18,740 shares of the company’s stock valued at $1,072,000 after buying an additional 958 shares during the period.

About VictoryShares Emerging Markets Value Momentum ETF

(Get Free Report)

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.

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