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

Posted by Chris Copeland on Feb 1st, 2025

VictoryShares Emerging Markets Value Momentum ETF (NASDAQ:UEVM – Get Free Report) saw a large growth in short interest during the month of January. As of January 15th, there was short interest totalling 11,000 shares, a growth of 35.8% from the December 31st total of 8,100 shares. Based on an average daily volume of 5,300 shares, the days-to-cover ratio is currently 2.1 days.

VictoryShares Emerging Markets Value Momentum ETF Trading Down 0.6 %

Shares of VictoryShares Emerging Markets Value Momentum ETF stock traded down $0.26 during trading hours on Friday, hitting $46.76. 780 shares of the company were exchanged, compared to its average volume of 11,544. The business has a 50-day moving average of $47.14 and a 200-day moving average of $47.60. VictoryShares Emerging Markets Value Momentum ETF has a 1 year low of $43.58 and a 1 year high of $51.68. The stock has a market capitalization of $184.70 million, a price-to-earnings ratio of 7.55 and a beta of 0.72.

VictoryShares Emerging Markets Value Momentum ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, January 9th. Stockholders of record on Wednesday, January 8th were paid a $0.0571 dividend. The ex-dividend date of this dividend was Wednesday, January 8th.

Institutional Trading of VictoryShares Emerging Markets Value Momentum ETF

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