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

Posted by Steven Smith on Feb 13th, 2025

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM – Get Free Report) was the recipient of a large decrease in short interest in January. As of January 31st, there was short interest totalling 6,000 shares, a decrease of 68.4% from the January 15th total of 19,000 shares. Based on an average daily volume of 6,200 shares, the days-to-cover ratio is currently 1.0 days.

VictoryShares Emerging Markets Value Momentum ETF Stock Performance

UEVM traded up $0.02 on Thursday, reaching $47.63. 862 shares of the company’s stock were exchanged, compared to its average volume of 8,769. The company’s 50 day moving average is $47.13 and its 200-day moving average is $47.50. The company has a market cap of $192.88 million, a price-to-earnings ratio of 7.55 and a beta of 0.72. VictoryShares Emerging Markets Value Momentum ETF has a twelve month low of $43.88 and a twelve month high of $51.68.

VictoryShares Emerging Markets Value Momentum ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Monday, February 10th. Shareholders of record on Friday, February 7th were given a $0.0105 dividend. The ex-dividend date of this dividend was Friday, February 7th.

Institutional Trading of VictoryShares Emerging Markets Value Momentum ETF

An institutional investor recently raised its position in VictoryShares Emerging Markets Value Momentum ETF stock. Victory Capital Management Inc. raised its position in VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM – Free Report) by 1.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,298,218 shares of the company’s stock after acquiring an additional 40,901 shares during the quarter. Victory Capital Management Inc. owned 81.44% of VictoryShares Emerging Markets Value Momentum ETF worth $155,462,000 at the end of the most recent quarter.