Short Interest in Morgan Dempsey Large Cap Value ETF (BATS:MDLV) Expands By 595.8%

Morgan Dempsey Large Cap Value ETF (BATS:MDLV) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 14,333 shares, a growth of 595.8% from the June 30th total of 2,060 shares. Based on an average daily trading volume, of 6,302 shares, the days-to-cover ratio is presently 2.3 days. Approximately 1.5% of the company’s stock are short sold.

Hedge Funds Weigh In On Morgan Dempsey Large Cap Value ETF

A number of large investors have recently bought and sold shares of MDLV. OLD Mission Capital LLC purchased a new stake in shares of Morgan Dempsey Large Cap Value ETF during the 4th quarter worth $228,000. Susquehanna International Group LLP grew its stake in 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 purchasing an additional 5,300 shares during the last quarter. Private Advisor Group LLC raised its holdings in 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 worth $434,000 after purchasing an additional 3,394 shares in the last quarter. Morgan Dempsey Capital Management LLC lifted its position in shares of Morgan Dempsey Large Cap Value ETF by 8.8% during the fourth quarter. Morgan Dempsey Capital Management LLC now owns 34,103 shares of the company’s stock valued at $967,000 after buying an additional 2,756 shares during the last quarter. Finally, Diversified Management Inc. purchased a new stake in shares of Morgan Dempsey Large Cap Value ETF during the fourth quarter valued at about $2,542,000.

Morgan Dempsey Large Cap Value ETF Price Performance

Shares of Morgan Dempsey Large Cap Value ETF stock opened at $31.78 on Monday. The stock has a market cap of $30.83 million, a price-to-earnings ratio of 16.21 and a beta of 0.53. The firm’s 50-day moving average is $31.14 and its two-hundred day moving average is $30.53. Morgan Dempsey Large Cap Value ETF has a 1 year low of $26.98 and a 1 year high of $31.94.

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.