Matrix Advisors Value ETF (NYSEARCA:MAVF) Sees Large Increase in Short Interest

Matrix Advisors Value ETF (NYSEARCA:MAVFGet Free Report) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 327 shares, an increase of 626.7% from the June 15th total of 45 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 384 shares, the short-interest ratio is currently 0.9 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Matrix Advisors Value ETF stock. Royal Bank of Canada acquired a new stake in Matrix Advisors Value ETF (NYSEARCA:MAVFFree Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 8,729 shares of the company’s stock, valued at approximately $843,000. Royal Bank of Canada owned about 1.26% of Matrix Advisors Value ETF at the end of the most recent reporting period.

Matrix Advisors Value ETF Stock Up 0.7%

Shares of NYSEARCA:MAVF traded up $0.93 during mid-day trading on Friday, reaching $137.53. 2,098 shares of the stock were exchanged, compared to its average volume of 525. The company has a market cap of $92.15 million, a P/E ratio of 17.91 and a beta of 1.07. Matrix Advisors Value ETF has a one year low of $107.29 and a one year high of $137.63. The stock’s 50 day simple moving average is $134.65 and its 200-day simple moving average is $127.77.

About Matrix Advisors Value ETF

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There is no description available for this ETF.

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