MFS Active Value ETF (NYSEARCA:MFSV) Short Interest Up 45.9% in October

MFS Active Value ETF (NYSEARCA:MFSV) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 17,800 shares, an increase of 45.9% from the September 30th total of 12,200 shares. Based on an average daily volume of 49,100 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.4% of the company’s stock are short sold. Currently, 0.4% of the company’s stock are short sold. Based on an average daily volume of 49,100 shares, the days-to-cover ratio is currently 0.4 days.

MFS Active Value ETF Stock Performance

Shares of MFSV stock traded up $0.02 on Tuesday, reaching $25.61. 10,908 shares of the company’s stock traded hands, compared to its average volume of 29,518. MFS Active Value ETF has a 12-month low of $21.75 and a 12-month high of $26.34. The company has a market capitalization of $120.37 million, a P/E ratio of 19.36 and a beta of 0.95. The business’s 50 day moving average price is $25.93 and its two-hundred day moving average price is $25.28.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. CWM LLC grew its holdings in shares of MFS Active Value ETF by 430.4% during the third quarter. CWM LLC now owns 2,981 shares of the company’s stock valued at $78,000 after buying an additional 2,419 shares in the last quarter. CRA Financial Services LLC purchased a new position in MFS Active Value ETF in the third quarter valued at about $220,000. Arkadios Wealth Advisors purchased a new position in MFS Active Value ETF in the second quarter valued at about $267,000. Envestnet Asset Management Inc. purchased a new position in MFS Active Value ETF in the second quarter valued at about $289,000. Finally, Flow Traders U.S. LLC purchased a new position in MFS Active Value ETF in the second quarter valued at about $329,000.

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.