VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Shares Shorted: Short Interest Down 69.0% in October

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the recipient of a large decrease in short interest during the month of October. As of October 15th, there was short interest totaling 1,743 shares, a decrease of 69.0% from the September 30th total of 5,616 shares. Based on an average daily volume of 7,518 shares, the short-interest ratio is currently 0.2 days. Approximately 0.0% of the shares of the company are short sold.

VictoryShares International Value Momentum ETF Trading Up 0.4%

Shares of NASDAQ:UIVM opened at $73.39 on Wednesday. The firm’s 50 day moving average is $75.48 and its two-hundred day moving average is $72.56. VictoryShares International Value Momentum ETF has a 52 week low of $60.05 and a 52 week high of $79.27. The firm has a market capitalization of $330.28 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 disclosed a monthly dividend, which was paid on Friday, October 9th. Stockholders of record on Thursday, October 8th were given a dividend of $0.2794 per share. This is a drop from VictoryShares International Value Momentum ETF’s previous monthly dividend of $1.2079. This represents a $3.35 annualized dividend and a dividend yield of 4.6%. The ex-dividend date was Thursday, October 8th.

Hedge Funds Weigh In On VictoryShares International Value Momentum ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. 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. Envestnet Asset Management Inc. raised its stake in VictoryShares International Value Momentum ETF by 4.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,065 shares of the company’s stock valued at $364,000 after acquiring an additional 206 shares in the last quarter. IFP Advisors Inc raised its stake in VictoryShares International Value Momentum ETF by 51.4% during the 3rd quarter. IFP Advisors Inc now owns 15,097 shares of the company’s stock valued at $1,123,000 after acquiring an additional 5,124 shares in the last quarter. Finally, Financial Enhancement Group LLC bought a new stake in VictoryShares International Value Momentum ETF during the 3rd quarter valued at $1,566,000.

VictoryShares International Value Momentum ETF Company Profile

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.