VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM) Sees Large Growth in Short Interest

Posted by Amy Steele on Oct 13th, 2024

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM – Get Free Report) saw a large growth in short interest in September. As of September 30th, there was short interest totalling 200 shares, a growth of 100.0% from the September 15th total of 100 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of VictoryShares Emerging Markets Value Momentum ETF

A hedge fund recently raised its stake in VictoryShares Emerging Markets Value Momentum ETF stock. OLD Mission Capital LLC increased its holdings in shares of VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM – Free Report) by 45.9% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 79,608 shares of the company’s stock after purchasing an additional 25,061 shares during the period. OLD Mission Capital LLC owned 2.07% of VictoryShares Emerging Markets Value Momentum ETF worth $3,633,000 as of its most recent filing with the SEC.

VictoryShares Emerging Markets Value Momentum ETF Stock Up 0.3 %

Shares of NASDAQ:UEVM traded up $0.14 during midday trading on Friday, reaching $49.42. The company had a trading volume of 553 shares, compared to its average volume of 2,656. The business’s 50 day moving average price is $47.56 and its 200 day moving average price is $47.85. VictoryShares Emerging Markets Value Momentum ETF has a 1-year low of $39.45 and a 1-year high of $51.68. The stock has a market cap of $187.80 million, a PE ratio of 7.55 and a beta of 0.72.

VictoryShares Emerging Markets Value Momentum ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, October 9th. Investors of record on Tuesday, October 8th were issued a dividend of $0.0963 per share. The ex-dividend date was Tuesday, October 8th. This represents a $1.16 dividend on an annualized basis and a yield of 2.34%.