Matrix Advisors Value ETF (NYSEARCA:MAVF) Sees Large Increase in Short Interest

Matrix Advisors Value ETF (NYSEARCA:MAVFGet Free Report) was the target of a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 468 shares, an increase of 106.2% from the February 26th total of 227 shares. Based on an average daily volume of 1,721 shares, the short-interest ratio is currently 0.3 days. Approximately 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Royal Bank of Canada purchased a new stake in Matrix Advisors Value ETF in the 1st quarter worth about $843,000. Matrix Asset Advisors Inc. NY raised its stake in Matrix Advisors Value ETF by 0.4% in the 3rd quarter. Matrix Asset Advisors Inc. NY now owns 414,268 shares of the company’s stock valued at $48,393,000 after acquiring an additional 1,814 shares during the period. Finally, Capital City Trust Co. FL purchased a new stake in Matrix Advisors Value ETF during the third quarter valued at about $204,000.

Matrix Advisors Value ETF Stock Performance

NYSEARCA MAVF traded down $2.08 on Thursday, hitting $116.65. 156 shares of the stock traded hands, compared to its average volume of 677. The business’s fifty day moving average is $124.07 and its two-hundred day moving average is $120.99. Matrix Advisors Value ETF has a 12 month low of $84.75 and a 12 month high of $128.38. The firm has a market capitalization of $80.49 million, a price-to-earnings ratio of 17.91 and a beta of 1.12.

Matrix Advisors Value ETF Company Profile

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There is no description available for this ETF.

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