Short Interest in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Rises By 245.3%
by Scott Moore · The Cerbat GemVictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM – Get Free Report) was the recipient of a significant increase in short interest in the month of December. As of December 15th, there was short interest totaling 2,956 shares, an increase of 245.3% from the November 30th total of 856 shares. Approximately 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 8,086 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 8,086 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.1% of the shares of the company are short sold.
VictoryShares Emerging Markets Value Momentum ETF Stock Performance
UEVM stock opened at $55.60 on Friday. The stock has a fifty day moving average of $55.98 and a 200-day moving average of $54.43. VictoryShares Emerging Markets Value Momentum ETF has a fifty-two week low of $41.47 and a fifty-two week high of $57.66. The company has a market capitalization of $227.96 million, a price-to-earnings ratio of 11.04 and a beta of 0.59.
VictoryShares Emerging Markets Value Momentum ETF Increases Dividend
The firm also recently announced a monthly dividend, which was paid on Friday, December 12th. Shareholders of record on Thursday, December 11th were given a dividend of $0.6572 per share. This is a boost from VictoryShares Emerging Markets Value Momentum ETF’s previous monthly dividend of $0.09. This represents a c) dividend on an annualized basis and a yield of 14.2%. The ex-dividend date was Thursday, December 11th.
Institutional Trading of VictoryShares Emerging Markets Value Momentum ETF
A number of institutional investors have recently modified their holdings of the business. Raymond James Financial Inc. boosted its holdings in VictoryShares Emerging Markets Value Momentum ETF by 9.2% in the 3rd quarter. Raymond James Financial Inc. now owns 18,110 shares of the company’s stock worth $1,005,000 after buying an additional 1,521 shares during the period. Northeast Planning Associates INC. NH lifted its position in shares of VictoryShares Emerging Markets Value Momentum ETF by 5.9% during the second quarter. Northeast Planning Associates INC. NH now owns 45,642 shares of the company’s stock worth $2,393,000 after acquiring an additional 2,532 shares in the last quarter. Jane Street Group LLC bought a new position in shares of VictoryShares Emerging Markets Value Momentum ETF in the first quarter worth $382,000. OLD Mission Capital LLC purchased a new position in shares of VictoryShares Emerging Markets Value Momentum ETF in the first quarter valued at $546,000. Finally, Citadel Advisors LLC bought a new stake in shares of VictoryShares Emerging Markets Value Momentum ETF during the 3rd quarter valued at $720,000.
VictoryShares Emerging Markets Value Momentum ETF Company Profile
The VictoryShares Emerging Markets Value Momentum ETF (UEVM) 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 emerging economies. UEVM was launched on Oct 24, 2017 and is managed by VictoryShares.