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

MFS Active Growth ETF (NYSE:MFSG) saw a significant decline in short interest in 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. Based on an average daily volume of 42,851 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On MFS Active Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in MFSG. IAG Wealth Partners LLC increased its position in MFS Active Growth ETF by 676.5% during the 4th quarter. IAG Wealth Partners LLC now owns 42,182 shares of the company’s stock valued at $1,194,000 after purchasing an additional 36,750 shares during the period. D.A. Davidson & CO. raised its stake in MFS Active Growth ETF by 661.2% in the first quarter. D.A. Davidson & CO. now owns 68,188 shares of the company’s stock worth $1,745,000 after buying an additional 59,230 shares in the last quarter. Private Advisor Group LLC lifted its holdings in MFS Active Growth ETF by 275.8% in the first quarter. Private Advisor Group LLC now owns 37,257 shares of the company’s stock worth $953,000 after buying an additional 27,344 shares during the period. Royal Bank of Canada boosted its position in MFS Active Growth ETF by 26.6% during the 1st quarter. Royal Bank of Canada now owns 252,914 shares of the company’s stock valued at $6,472,000 after acquiring an additional 53,158 shares in the last quarter. Finally, Cetera Investment Advisers raised its position in shares of MFS Active Growth ETF by 143.8% in the 1st quarter. Cetera Investment Advisers now owns 80,943 shares of the company’s stock worth $2,071,000 after acquiring an additional 47,736 shares in the last quarter.

MFS Active Growth ETF Trading Up 1.0%

Shares of MFSG stock opened at $29.96 on Friday. MFS Active Growth ETF has a 12 month low of $24.50 and a 12 month high of $30.92. The stock has a market capitalization of $368.51 million, a P/E ratio of 36.15 and a beta of 1.35. The firm’s 50 day moving average is $29.92 and its 200 day moving average is $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.