VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Short Interest Up 35.8% in January

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 11,000 shares, an increase of 35.8% from the December 31st total of 8,100 shares. Based on an average trading volume of 5,300 shares, the short-interest ratio is currently 2.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in VictoryShares Emerging Markets Value Momentum ETF stock. Victory Capital Management Inc. lifted its position in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) by 0.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,257,317 shares of the company’s stock after acquiring an additional 12,699 shares during the quarter. Victory Capital Management Inc. owned 85.72% of VictoryShares Emerging Markets Value Momentum ETF worth $162,280,000 at the end of the most recent reporting period.

VictoryShares Emerging Markets Value Momentum ETF Price Performance

Shares of NASDAQ:UEVM traded down $0.02 during trading on Friday, hitting $47.00. The company had a trading volume of 426 shares, compared to its average volume of 11,526. The stock has a market cap of $185.65 million, a price-to-earnings ratio of 7.55 and a beta of 0.72. The company has a fifty day simple moving average of $47.14 and a two-hundred day simple moving average of $47.60. VictoryShares Emerging Markets Value Momentum ETF has a one year low of $43.58 and a one year high of $51.68.

VictoryShares Emerging Markets Value Momentum ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 9th. Investors of record on Wednesday, January 8th were given a $0.0571 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

About VictoryShares Emerging Markets Value Momentum ETF