MFS Active Value ETF (NYSE:MFSV) Sees Significant Increase in Short Interest

MFS Active Value ETF (NYSE:MFSV) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 23,788 shares, a growth of 61.4% from the September 15th total of 14,738 shares. Based on an average daily volume of 68,635 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On MFS Active Value ETF

A number of hedge funds have recently bought and sold shares of MFSV. Royal Bank of Canada raised its position in shares of MFS Active Value ETF by 125.1% during the first quarter. Royal Bank of Canada now owns 3,743 shares of the company’s stock worth $100,000 after purchasing an additional 2,080 shares during the period. Integrated Wealth Concepts LLC bought a new stake in MFS Active Value ETF in the 2nd quarter valued at $72,000. Richmond Investment Services LLC bought a new stake in shares of MFS Active Value ETF during the 1st quarter worth about $393,000. Cetera Investment Advisers increased its stake in shares of MFS Active Value ETF by 25.6% during the first quarter. Cetera Investment Advisers now owns 127,891 shares of the company’s stock worth $3,419,000 after purchasing an additional 26,050 shares during the period. Finally, Private Advisor Group LLC raised its holdings in MFS Active Value ETF by 4.0% in the 1st quarter. Private Advisor Group LLC now owns 820,527 shares of the company’s stock valued at $21,933,000 after acquiring an additional 31,698 shares in the last quarter.

MFS Active Value ETF Price Performance

NYSE MFSV traded up $0.18 on Friday, hitting $29.37. 11,514 shares of the stock were exchanged, compared to its average volume of 138,649. The company’s 50-day moving average price is $29.17 and its two-hundred day moving average price is $28.52. The company has a market capitalization of $619.73 million, a price-to-earnings ratio of 19.36 and a beta of 0.36. MFS Active Value ETF has a 52-week low of $25.32 and a 52-week high of $30.15.

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.