MFS Active Value ETF (NYSE:MFSV) Shares Shorted: Short Interest Down 73.4% in September

MFS Active Value ETF (NYSE:MFSV) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 14,738 shares, a decrease of 73.4% from the August 31st total of 55,510 shares. Based on an average daily volume of 69,519 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

MFS Active Value ETF Stock Performance

NYSE:MFSV traded up $0.20 on Friday, hitting $28.45. The stock had a trading volume of 49,322 shares, compared to its average volume of 142,513. MFS Active Value ETF has a 1 year low of $25.32 and a 1 year high of $30.15. The firm’s fifty day simple moving average is $29.42 and its two-hundred day simple moving average is $28.33. The stock has a market cap of $591.76 million, a P/E ratio of 19.36 and a beta of 0.33.

Institutional Trading of MFS Active Value ETF

A number of institutional investors and hedge funds have recently modified their holdings of the business. Integrated Wealth Concepts LLC bought a new stake in MFS Active Value ETF during the second quarter worth $72,000. SFG Wealth Management LLC. increased its position in shares of MFS Active Value ETF by 17.8% during the 2nd quarter. SFG Wealth Management LLC. now owns 1,099,524 shares of the company’s stock valued at $31,413,000 after purchasing an additional 165,926 shares during the last quarter. Legacy Financial Advisors Inc. purchased a new stake in shares of MFS Active Value ETF during the 2nd quarter valued at $895,000. Paul R. Ried Financial Group LLC raised its stake in shares of MFS Active Value ETF by 18.8% during the 2nd quarter. Paul R. Ried Financial Group LLC now owns 1,138,859 shares of the company’s stock worth $32,537,000 after purchasing an additional 180,040 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of MFS Active Value ETF by 492.1% during the 1st quarter. Bank of America Corp DE now owns 539,156 shares of the company’s stock worth $14,412,000 after purchasing an additional 448,097 shares during the period.

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.