MFS Active Value ETF (NYSE:MFSV – Get Free Report) saw a large 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 trading volume of 69,519 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the stock. Integrated Wealth Concepts LLC bought a new position in shares of MFS Active Value ETF during the second quarter worth about $72,000. Royal Bank of Canada lifted its stake in MFS Active Value ETF by 125.1% in the first quarter. Royal Bank of Canada now owns 3,743 shares of the company’s stock valued at $100,000 after buying an additional 2,080 shares during the period. Richmond Investment Services LLC bought a new position in MFS Active Value ETF during the first quarter worth $393,000. Legacy Financial Advisors Inc. acquired a new position in shares of MFS Active Value ETF during the second quarter valued at about $895,000. Finally, BlueChip Wealth Advisors LLC acquired a new stake in shares of MFS Active Value ETF in the 1st quarter valued at about $1,023,000.
MFS Active Value ETF Trading Up 0.7%
Shares of MFSV stock opened at $28.45 on Friday. The business’s 50-day moving average price is $29.42 and its 200-day moving average price is $28.33. MFS Active Value ETF has a 12 month low of $25.32 and a 12 month high of $30.15. The firm has a market capitalization of $591.76 million, a price-to-earnings ratio of 19.36 and a beta of 0.33.
About MFS Active Value ETF
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.
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