MFS Active Value ETF (NYSE:MFSV) Sees Significant Decline in Short Interest

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

Hedge Funds Weigh In On MFS Active Value ETF

Several large investors have recently bought and sold shares of the stock. Paul R. Ried Financial Group LLC increased its position in shares of MFS Active Value ETF by 18.8% during the second 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 in the last quarter. SFG Wealth Management LLC. boosted its position in shares of MFS Active Value ETF by 17.8% in 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 period. Arkadios Wealth Advisors boosted its position in shares of MFS Active Value ETF by 21.6% in the 1st quarter. Arkadios Wealth Advisors now owns 855,977 shares of the company’s stock valued at $22,880,000 after purchasing an additional 152,166 shares during the period. Private Advisor Group LLC boosted its position in shares of MFS Active Value ETF by 4.0% in the 1st quarter. Private Advisor Group LLC now owns 820,527 shares of the company’s stock valued at $21,933,000 after purchasing an additional 31,698 shares during the period. Finally, Bank of America Corp DE grew its stake in 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 buying an additional 448,097 shares during the last quarter.

MFS Active Value ETF Trading Down 0.7%

Shares of NYSE MFSV traded down $0.20 during mid-day trading on Monday, reaching $28.25. The company had a trading volume of 41,224 shares, compared to its average volume of 141,966. The firm has a 50 day simple moving average of $29.42 and a two-hundred day simple moving average of $28.34. The stock has a market cap of $587.58 million, a P/E ratio of 19.36 and a beta of 0.33. MFS Active Value ETF has a 52-week low of $25.32 and a 52-week high of $30.15.

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.