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

Morgan Dempsey Large Cap Value ETF (BATS:MDLV) was the target of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,060 shares, a decrease of 84.7% from the June 15th total of 13,436 shares. Based on an average daily volume of 7,418 shares, the short-interest ratio is currently 0.3 days. Approximately 0.2% of the shares of the company are short sold.

Morgan Dempsey Large Cap Value ETF Price Performance

BATS:MDLV opened at $31.37 on Monday. The business has a fifty day simple moving average of $31.00 and a two-hundred day simple moving average of $30.33. Morgan Dempsey Large Cap Value ETF has a 1 year low of $26.98 and a 1 year high of $31.94. The company has a market capitalization of $30.43 million, a P/E ratio of 16.21 and a beta of 0.53.

Hedge Funds Weigh In On Morgan Dempsey Large Cap Value ETF

Several large investors have recently modified their holdings of MDLV. OLD Mission Capital LLC purchased a new stake in shares of Morgan Dempsey Large Cap Value ETF during the 4th quarter valued at approximately $228,000. Susquehanna International Group LLP grew its stake in 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 in the last quarter. Private Advisor Group LLC raised its holdings 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 valued at $434,000 after acquiring 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% during the 3rd quarter. Morgan Dempsey Capital Management LLC now owns 31,347 shares of the company’s stock valued at $878,000 after acquiring an additional 12,100 shares during the period. Finally, Diversified Management Inc. purchased a new stake in shares of Morgan Dempsey Large Cap Value ETF during the fourth quarter worth $2,542,000.

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.