Morgan Dempsey Large Cap Value ETF (BATS:MDLV) Sees Significant Increase in Short Interest

Morgan Dempsey Large Cap Value ETF (BATS:MDLV) was the target of a significant increase in short interest in June. As of June 15th, there was short interest totaling 13,436 shares, an increase of 249.1% from the May 31st total of 3,849 shares. Currently, 1.4% of the shares of the company are sold short. Based on an average trading volume of 5,998 shares, the short-interest ratio is presently 2.2 days.

Morgan Dempsey Large Cap Value ETF Stock Up 0.1%

Shares of Morgan Dempsey Large Cap Value ETF stock opened at $31.12 on Friday. Morgan Dempsey Large Cap Value ETF has a 52-week low of $26.72 and a 52-week high of $31.94. The company’s 50-day simple moving average is $30.81 and its 200-day simple moving average is $30.13. The firm has a market cap of $30.19 million, a price-to-earnings ratio of 16.21 and a beta of 0.53.

Institutional Investors Weigh In On Morgan Dempsey Large Cap Value ETF

Institutional investors have recently added to or reduced their stakes in the business. Private Advisor Group LLC increased its position in Morgan Dempsey Large Cap Value ETF by 28.1% during the 3rd quarter. Private Advisor Group LLC now owns 15,488 shares of the company’s stock worth $434,000 after purchasing an additional 3,394 shares during the period. Morgan Dempsey Capital Management LLC lifted its holdings in shares of Morgan Dempsey Large Cap Value ETF by 62.9% in the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 31,347 shares of the company’s stock valued at $878,000 after buying an additional 12,100 shares during the period. Susquehanna International Group LLP lifted its holdings in shares of Morgan Dempsey Large Cap Value ETF by 56.2% in the 3rd quarter. Susquehanna International Group LLP now owns 14,729 shares of the company’s stock valued at $412,000 after buying an additional 5,300 shares during the period. Diversified Management Inc. purchased a new stake in shares of Morgan Dempsey Large Cap Value ETF in the fourth quarter valued at approximately $2,542,000. Finally, OLD Mission Capital LLC purchased a new stake in shares of Morgan Dempsey Large Cap Value ETF in the fourth quarter valued at approximately $228,000.

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.