VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Short Interest Down 45.8% in March

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) was the target of a significant decline in short interest in the month of March. As of March 31st, there was short interest totalling 2,600 shares, a decline of 45.8% from the March 15th total of 4,800 shares. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 4,200 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Victory Capital Management Inc. raised its holdings in shares of VictoryShares Emerging Markets Value Momentum ETF by 1.3% in 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 bought a new position in shares of VictoryShares Emerging Markets Value Momentum ETF during the fourth quarter valued at approximately $1,756,000. Finally, Thrivent Financial for Lutherans purchased a new position in VictoryShares Emerging Markets Value Momentum ETF during the fourth quarter valued at approximately $245,000.

VictoryShares Emerging Markets Value Momentum ETF Trading Up 0.6 %

Shares of NASDAQ UEVM traded up $0.27 during midday trading on Friday, hitting $45.50. The company’s stock had a trading volume of 7,920 shares, compared to its average volume of 3,567. VictoryShares Emerging Markets Value Momentum ETF has a 12-month low of $41.47 and a 12-month high of $51.68. The firm has a market cap of $184.28 million, a P/E ratio of 9.68 and a beta of 0.58. The business’s 50 day moving average is $46.74 and its two-hundred day moving average is $47.37.

VictoryShares Emerging Markets Value Momentum ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, April 11th. Investors of record on Thursday, April 10th were issued a $0.0735 dividend. This is an increase from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.06. This represents a $0.88 annualized dividend and a dividend yield of 1.94%. The ex-dividend date was Thursday, April 10th.

About VictoryShares Emerging Markets Value Momentum ETF