Morgan Dempsey Large Cap Value ETF (BATS:MDLV) Shares Shorted: Short Interest Down 78.4% in October

Morgan Dempsey Large Cap Value ETF (BATS:MDLV) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 3,377 shares, a decline of 78.4% from the October 15th total of 15,613 shares. Based on an average trading volume of 5,651 shares, the short-interest ratio is presently 0.6 days. Currently, 0.2% of the shares of the company are short sold.

Morgan Dempsey Large Cap Value ETF Trading Up 0.7%

Morgan Dempsey Large Cap Value ETF stock opened at $32.21 on Thursday. The firm has a 50 day moving average of $31.21 and a 200 day moving average of $30.97. The firm has a market capitalization of $48.64 million, a price-to-earnings ratio of 19.14 and a beta of 0.40. Morgan Dempsey Large Cap Value ETF has a 12-month low of $27.68 and a 12-month high of $32.53.

Morgan Dempsey Large Cap Value ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, September 30th. Shareholders of record on Monday, September 28th were issued a $0.1882 dividend. The ex-dividend date was Monday, September 28th. This represents a $0.75 dividend on an annualized basis and a yield of 2.3%. This is an increase from Morgan Dempsey Large Cap Value ETF’s previous quarterly dividend of $0.1778.

Institutional Investors Weigh In On Morgan Dempsey Large Cap Value ETF

Large investors have recently made changes to their positions in the company. Nwam LLC bought a new stake in Morgan Dempsey Large Cap Value ETF in the 2nd quarter worth approximately $4,338,000. Empirical Finance LLC purchased a new stake in shares of Morgan Dempsey Large Cap Value ETF during the 2nd quarter worth approximately $1,285,000. Ameritas Advisory Services LLC bought a new position in shares of Morgan Dempsey Large Cap Value ETF during the 2nd quarter valued at approximately $565,000. XY Planning Network Inc. bought a new position in shares of Morgan Dempsey Large Cap Value ETF during the 2nd quarter valued at approximately $496,000. Finally, Atticus Wealth Management LLC bought a new position in shares of Morgan Dempsey Large Cap Value ETF during the 2nd quarter valued at approximately $423,000.

Morgan Dempsey Large Cap Value ETF Company Profile

The Morgan Dempsey Large Cap Value ETF (MDLV) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to provide exposure to US-listed, large-cap companies believed to be undervalued. Holdings are selected based on fundamental criteria. MDLV was launched on Apr 26, 2023 and is managed by Morgan Dempsey.