Matrix Advisors Value ETF (NYSEARCA:MAVF) Sees Significant Drop in Short Interest

Matrix Advisors Value ETF (NYSEARCA:MAVF) was the recipient of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 11 shares, a decrease of 42.1% from the August 15th total of 19 shares. Based on an average daily trading volume, of 379 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On Matrix Advisors Value ETF

A hedge fund recently raised its stake in Matrix Advisors Value ETF stock. Royal Bank of Canada grew its stake in shares of Matrix Advisors Value ETF (NYSEARCA:MAVF) by 67.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 16,111 shares of the company’s stock after purchasing an additional 6,510 shares during the quarter. Royal Bank of Canada owned approximately 2.33% of Matrix Advisors Value ETF worth $1,897,000 as of its most recent SEC filing.

Matrix Advisors Value ETF Trading Up 1.5%

Shares of MAVF opened at $138.56 on Friday. Matrix Advisors Value ETF has a 52 week low of $113.73 and a 52 week high of $142.84. The firm has a market cap of $138.42 million, a price-to-earnings ratio of 17.91 and a beta of 1.05. The stock has a 50 day moving average of $138.87 and a 200-day moving average of $132.42.

Matrix Advisors Value ETF Company Profile

There is no description available for this ETF.