Morgan Dempsey Large Cap Value ETF (BATS:MDLV – Get Free Report) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 12,250 shares, a decline of 31.9% from the August 15th total of 17,988 shares. Based on an average daily trading volume, of 9,275 shares, the short-interest ratio is presently 1.3 days. Approximately 1.3% of the shares of the stock are short sold.
Institutional Investors Weigh In On Morgan Dempsey Large Cap Value ETF
Large investors have recently added to or reduced their stakes in the company. NewEdge Advisors LLC bought a new stake in Morgan Dempsey Large Cap Value ETF during the second quarter worth about $131,000. XY Planning Network Inc. purchased a new position in shares of Morgan Dempsey Large Cap Value ETF in the 2nd quarter worth about $496,000. Hudock Inc. bought a new position in shares of Morgan Dempsey Large Cap Value ETF during the 2nd quarter valued at about $109,000. Waverly Advisors LLC bought a new position in shares of Morgan Dempsey Large Cap Value ETF during the 2nd quarter valued at about $93,000. Finally, Empirical Finance LLC bought a new position in shares of Morgan Dempsey Large Cap Value ETF during the 2nd quarter valued at about $1,285,000.
Morgan Dempsey Large Cap Value ETF Price Performance
Shares of BATS:MDLV opened at $31.22 on Thursday. The company’s fifty day moving average price is $31.63 and its 200-day moving average price is $31.01. The firm has a market capitalization of $30.28 million, a price-to-earnings ratio of 16.21 and a beta of 0.53. Morgan Dempsey Large Cap Value ETF has a one year low of $27.37 and a one year high of $32.17.
Morgan Dempsey Large Cap Value ETF Cuts Dividend
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.
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