Short Interest in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Decreases By 30.4%

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 4,800 shares, a drop of 30.4% from the February 28th total of 6,900 shares. Based on an average daily volume of 6,100 shares, the short-interest ratio is presently 0.8 days. Approximately 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Victory Capital Management Inc. boosted its stake in VictoryShares Emerging Markets Value Momentum ETF by 1.3% during the 4th quarter. Victory Capital Management Inc. now owns 3,298,218 shares of the company’s stock valued at $155,462,000 after purchasing an additional 40,901 shares in the last quarter. Bank of America Corp DE acquired a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF in the fourth quarter valued at $1,756,000. Finally, Thrivent Financial for Lutherans bought a new position in VictoryShares Emerging Markets Value Momentum ETF during the fourth quarter valued at about $245,000.

VictoryShares Emerging Markets Value Momentum ETF Stock Down 1.2 %

UEVM stock opened at $47.48 on Monday. The company has a 50-day simple moving average of $47.37 and a 200 day simple moving average of $47.71. The company has a market capitalization of $192.27 million, a P/E ratio of 10.51 and a beta of 0.69. VictoryShares Emerging Markets Value Momentum ETF has a fifty-two week low of $44.60 and a fifty-two week high of $51.68.

VictoryShares Emerging Markets Value Momentum ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 11th. Stockholders of record on Monday, March 10th were paid a $0.0201 dividend. This is a positive change from VictoryShares Emerging Markets Value Momentum ETF’s previous dividend of $0.01. The ex-dividend date of this dividend was Monday, March 10th.

VictoryShares Emerging Markets Value Momentum ETF Company Profile