Morgan Dempsey Large Cap Value ETF (BATS:MDLV) Short Interest Update

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

Morgan Dempsey Large Cap Value ETF Stock Performance

Shares of MDLV opened at $31.12 on Monday. Morgan Dempsey Large Cap Value ETF has a 52 week low of $26.72 and a 52 week high of $31.94. The stock has a market capitalization of $30.19 million, a price-to-earnings ratio of 16.21 and a beta of 0.53. The stock has a fifty day moving average of $30.81 and a 200-day moving average of $30.14.

Hedge Funds Weigh In On Morgan Dempsey Large Cap Value ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the company. OLD Mission Capital LLC acquired a new stake in shares of Morgan Dempsey Large Cap Value ETF during the fourth quarter valued at about $228,000. Susquehanna International Group LLP increased its stake in shares of Morgan Dempsey Large Cap Value ETF by 56.2% in the third 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. Private Advisor Group LLC increased its stake in shares of Morgan Dempsey Large Cap Value ETF by 28.1% in the third quarter. Private Advisor Group LLC now owns 15,488 shares of the company’s stock valued at $434,000 after buying an additional 3,394 shares during the period. Morgan Dempsey Capital Management LLC raised its holdings in 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 last quarter. Finally, Diversified Management Inc. bought a new position in Morgan Dempsey Large Cap Value ETF in the 4th quarter valued at approximately $2,542,000.

About Morgan Dempsey Large Cap Value ETF

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.