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

Matrix Advisors Value ETF (NYSEARCA:MAVF) saw a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 121 shares, a decrease of 63.0% from the June 30th total of 327 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average trading volume of 429 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Matrix Advisors Value ETF stock. Royal Bank of Canada acquired a new position in shares of Matrix Advisors Value ETF (NYSEARCA:MAVF) in 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 1.26% of Matrix Advisors Value ETF as of its most recent SEC filing.

Matrix Advisors Value ETF Stock Up 0.9%

Shares of NYSEARCA MAVF traded up $1.27 during midday trading on Tuesday, hitting $136.66. The stock had a trading volume of 175 shares, compared to its average volume of 500. Matrix Advisors Value ETF has a 1-year low of $108.34 and a 1-year high of $139.27. The company has a market capitalization of $91.56 million, a price-to-earnings ratio of 17.91 and a beta of 1.07. The company has a fifty day moving average price of $135.56 and a 200 day moving average price of $128.95.

Matrix Advisors Value ETF Company Profile

There is no description available for this ETF.