Short Interest in Morgan Dempsey Large Cap Value ETF (BATS:MDLV) Grows By 595.8%

Morgan Dempsey Large Cap Value ETF (BATS:MDLV) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 14,333 shares, a growth of 595.8% from the June 30th total of 2,060 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average daily volume of 6,302 shares, the short-interest ratio is presently 2.3 days.

Morgan Dempsey Large Cap Value ETF Stock Up 1.0%

Shares of Morgan Dempsey Large Cap Value ETF stock opened at $31.78 on Friday. The business has a 50-day moving average price of $31.14 and a 200 day moving average price of $30.51. Morgan Dempsey Large Cap Value ETF has a fifty-two week low of $26.98 and a fifty-two week high of $31.94. The firm has a market cap of $30.83 million, a P/E ratio of 16.21 and a beta of 0.53.

Institutional Investors Weigh In On Morgan Dempsey Large Cap Value ETF

A number of institutional investors have recently made changes to their positions in MDLV. OLD Mission Capital LLC bought a new stake in Morgan Dempsey Large Cap Value ETF in the fourth quarter valued at $228,000. Susquehanna International Group LLP increased its holdings in shares of Morgan Dempsey Large Cap Value ETF by 56.2% in the 3rd quarter. Susquehanna International Group LLP now owns 14,729 shares of the company’s stock worth $412,000 after acquiring an additional 5,300 shares during the period. Private Advisor Group LLC lifted its position in Morgan Dempsey Large Cap Value ETF by 28.1% in the 3rd quarter. Private Advisor Group LLC now owns 15,488 shares of the company’s stock valued at $434,000 after purchasing an additional 3,394 shares during the last quarter. Morgan Dempsey Capital Management LLC lifted its position in Morgan Dempsey Large Cap Value ETF by 8.8% in the 4th quarter. Morgan Dempsey Capital Management LLC now owns 34,103 shares of the company’s stock valued at $967,000 after purchasing an additional 2,756 shares during the last quarter. Finally, Diversified Management Inc. bought a new stake in Morgan Dempsey Large Cap Value ETF in the 4th quarter valued at about $2,542,000.

About Morgan Dempsey Large Cap Value ETF

The Morgan Dempsey Large Cap Value ETF (MDLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to provide exposure to US-listed, large-cap companies believed to be undervalued. Holdings are selected based on fundamental criteria. MDLV was launched on Apr 26, 2023 and is managed by Morgan Dempsey.