MFS Active Value ETF (NYSEARCA:MFSV) Sees Large Decline in Short Interest

MFS Active Value ETF (NYSEARCA:MFSV) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 12,200 shares, a decline of 57.5% from the September 15th total of 28,700 shares. Based on an average daily trading volume, of 43,100 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 43,100 shares, the short-interest ratio is currently 0.3 days.

MFS Active Value ETF Stock Performance

NYSEARCA MFSV opened at $25.87 on Friday. MFS Active Value ETF has a one year low of $21.75 and a one year high of $26.34. The company has a 50-day simple moving average of $25.85 and a 200-day simple moving average of $25.02. The firm has a market capitalization of $111.24 million and a PE ratio of 19.36.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Greenbush Financial Group LLC boosted its holdings in shares of MFS Active Value ETF by 10.7% in the 2nd quarter. Greenbush Financial Group LLC now owns 284,562 shares of the company’s stock valued at $7,195,000 after buying an additional 27,442 shares during the period. Apollon Wealth Management LLC boosted its holdings in shares of MFS Active Value ETF by 204.3% in the 3rd quarter. Apollon Wealth Management LLC now owns 211,990 shares of the company’s stock valued at $5,542,000 after buying an additional 142,336 shares during the period. Advisory Services Network LLC boosted its holdings in shares of MFS Active Value ETF by 20.7% in the 2nd quarter. Advisory Services Network LLC now owns 62,895 shares of the company’s stock valued at $1,577,000 after buying an additional 10,795 shares during the period. Paul R. Ried Financial Group LLC acquired a new position in shares of MFS Active Value ETF in the 2nd quarter valued at about $853,000. Finally, Steward Partners Investment Advisory LLC acquired a new position in MFS Active Value ETF during the 2nd quarter valued at about $461,000.

MFS Active Value ETF Company Profile

The MFS Active Value ETF (MFSV) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of US and non-US value stocks of any market capitalization. The fund utilizes a bottom-up fundamental approach to select investments. MFSV was launched on Dec 5, 2024 and is issued by MFS.