Morgan Dempsey Large Cap Value ETF (BATS:MDLV) Short Interest Update

Morgan Dempsey Large Cap Value ETF (BATS:MDLV) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 3,849 shares, a decrease of 66.6% from the May 14th total of 11,528 shares. Based on an average trading volume of 6,768 shares, the short-interest ratio is currently 0.6 days. Currently, 0.4% of the shares of the company are short sold.

Institutional Investors Weigh In On Morgan Dempsey Large Cap Value ETF

A number of large investors have recently added to or reduced their stakes in the business. Morgan Dempsey Capital Management LLC raised its stake 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 acquiring an additional 2,756 shares during the period. Private Advisor Group LLC raised its stake 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 acquiring an additional 3,394 shares during the period. Susquehanna International Group LLP raised its stake in 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 valued at $412,000 after acquiring an additional 5,300 shares during the period. OLD Mission Capital LLC bought a new stake in Morgan Dempsey Large Cap Value ETF in the 4th quarter valued at $228,000. Finally, Beacon Pointe Advisors LLC boosted its stake in Morgan Dempsey Large Cap Value ETF by 4.8% in the 4th quarter. Beacon Pointe Advisors LLC now owns 377,970 shares of the company’s stock valued at $10,722,000 after purchasing an additional 17,319 shares during the period.

Morgan Dempsey Large Cap Value ETF Trading Up 0.1%

MDLV opened at $31.21 on Thursday. Morgan Dempsey Large Cap Value ETF has a 1-year low of $26.63 and a 1-year high of $31.46. The stock’s fifty day simple moving average is $30.60 and its 200 day simple moving average is $29.89. The stock has a market cap of $30.27 million, a PE ratio of 16.21 and a beta of 0.53.

Morgan Dempsey Large Cap Value ETF Company Profile

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.