VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Sees Large Drop in Short Interest

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the recipient of a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 212 shares, a drop of 46.3% from the April 15th total of 395 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average trading volume of 1,848 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of VictoryShares International Value Momentum ETF

A number of large investors have recently bought and sold shares of the business. Bank of America Corp DE increased its stake in VictoryShares International Value Momentum ETF by 1,518.8% in the second 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 period. LPL Financial LLC purchased a new position in shares of VictoryShares International Value Momentum ETF during the fourth quarter worth about $213,000. World Investment Advisors increased its position in VictoryShares International Value Momentum ETF by 10.5% in the 1st quarter. World Investment Advisors now owns 3,910 shares of the company’s stock valued at $267,000 after acquiring an additional 370 shares during the period. Sigma Planning Corp purchased a new stake in VictoryShares International Value Momentum ETF during the 4th quarter valued at approximately $288,000. Finally, Jane Street Group LLC lifted its position in 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 acquiring an additional 1,349 shares during the period.

VictoryShares International Value Momentum ETF Trading Down 1.9%

Shares of UIVM stock opened at $72.17 on Friday. VictoryShares International Value Momentum ETF has a twelve month low of $54.81 and a twelve month high of $74.27. The stock has a 50 day moving average of $70.04 and a 200 day moving average of $67.37. The stock has a market cap of $324.77 million, a P/E ratio of 11.59 and a beta of 0.69.

VictoryShares International Value Momentum ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 11th. Stockholders of record on Friday, May 8th were issued a $0.2677 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, May 8th.

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.