MFS Active Value ETF (NYSE:MFSV) Sees Large Decrease in Short Interest

MFS Active Value ETF (NYSE:MFSV) saw a large decrease in short interest in the month of 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. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On MFS Active Value ETF

A number of large investors have recently modified their holdings of MFSV. Bank of America Corp DE raised its holdings 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 purchasing an additional 448,097 shares during the last quarter. Paul R. Ried Financial Group LLC boosted its stake in MFS Active Value ETF by 60.8% during the 1st quarter. Paul R. Ried Financial Group LLC now owns 958,819 shares of the company’s stock worth $25,629,000 after acquiring an additional 362,395 shares during the last quarter. SFG Wealth Management LLC. grew its holdings in MFS Active Value ETF by 17.8% during the second 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 raised its holdings in MFS Active Value ETF by 21.6% in the first quarter. Arkadios Wealth Advisors now owns 855,977 shares of the company’s stock worth $22,880,000 after purchasing an additional 152,166 shares during the period. Finally, Greenbush Financial Group LLC raised its stake in MFS Active Value ETF by 34.1% during the 1st quarter. Greenbush Financial Group LLC now owns 515,923 shares of the company’s stock worth $13,791,000 after buying an additional 131,086 shares during the period.

MFS Active Value ETF Price Performance

MFS Active Value ETF stock opened at $28.45 on Friday. MFS Active Value ETF has a 52-week low of $25.32 and a 52-week high of $30.15. The stock has a fifty day moving average price of $29.42 and a two-hundred day moving average price of $28.33. The firm has a market capitalization of $591.76 million, a P/E ratio of 19.36 and a beta of 0.33.

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.