VictoryShares International Value Momentum ETF (NASDAQ:UIVM) Sees Significant Growth in Short Interest

VictoryShares International Value Momentum ETF (NASDAQ:UIVM) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 25,700 shares, a growth of 970.8% from the November 30th total of 2,400 shares. Based on an average daily trading volume, of 1,700 shares, the days-to-cover ratio is currently 15.1 days.

VictoryShares International Value Momentum ETF Price Performance

Shares of NASDAQ:UIVM traded up $0.23 during midday trading on Thursday, hitting $46.61. 83 shares of the company’s stock were exchanged, compared to its average volume of 4,951. VictoryShares International Value Momentum ETF has a 12 month low of $44.92 and a 12 month high of $50.91. The company has a market cap of $219.07 million, a PE ratio of 9.79 and a beta of 0.83. The stock has a 50 day moving average price of $47.67 and a 200-day moving average price of $48.24.

VictoryShares International Value Momentum ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 27th. Shareholders of record on Thursday, December 26th will be issued a dividend of $0.1784 per share. This is a positive change from VictoryShares International Value Momentum ETF’s previous dividend of $0.07. The ex-dividend date is Thursday, December 26th.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in VictoryShares International Value Momentum ETF stock. Flow Traders U.S. LLC purchased a new stake in VictoryShares International Value Momentum ETF (NASDAQ:UIVM) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 24,380 shares of the company’s stock, valued at approximately $1,223,000. Flow Traders U.S. LLC owned about 0.52% of VictoryShares International Value Momentum ETF at the end of the most recent quarter.

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.