MFS Active Growth ETF (NYSE:MFSG) Short Interest Down 65.2% in August

MFS Active Growth ETF (NYSE:MFSG) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 4,617 shares, a decline of 65.2% from the August 15th total of 13,286 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 42,851 shares, the days-to-cover ratio is currently 0.1 days.

Hedge Funds Weigh In On MFS Active Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new stake in shares of MFS Active Growth ETF in the second quarter valued at $47,000. Citadel Advisors LLC bought a new position in shares of MFS Active Growth ETF during the 3rd quarter worth $250,000. Richmond Investment Services LLC purchased a new stake in MFS Active Growth ETF in the 1st quarter worth about $269,000. Bank of America Corp DE increased its holdings in MFS Active Growth ETF by 17.9% in the 1st quarter. Bank of America Corp DE now owns 10,502 shares of the company’s stock worth $269,000 after acquiring an additional 1,593 shares during the last quarter. Finally, Jane Street Group LLC bought a new stake in MFS Active Growth ETF in the 4th quarter valued at about $278,000.

MFS Active Growth ETF Stock Performance

Shares of NYSE:MFSG opened at $29.96 on Friday. MFS Active Growth ETF has a 52-week low of $24.50 and a 52-week high of $30.92. The company has a market capitalization of $368.51 million, a PE ratio of 36.15 and a beta of 1.35. The company has a fifty day moving average of $29.92 and a 200-day moving average of $28.96.

MFS Active Growth ETF Company Profile

The MFS Active Growth ETF (MFSG) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of US and non-US growth stocks of any market capitalization. The fund utilizes a bottom-up fundamental approach to select investments MFSG was launched on Dec 5, 2024 and is issued by MFS.