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

Morgan Dempsey Large Cap Value ETF (BATS:MDLV) was the recipient of a large decline in short interest in May. As of May 29th, there was short interest totaling 3,849 shares, a decline of 66.6% from the May 14th total of 11,528 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 6,768 shares, the short-interest ratio is presently 0.6 days.

Morgan Dempsey Large Cap Value ETF Stock Performance

Morgan Dempsey Large Cap Value ETF stock opened at $31.21 on Thursday. Morgan Dempsey Large Cap Value ETF has a 52 week low of $26.63 and a 52 week high of $31.46. The stock has a market capitalization of $30.27 million, a P/E ratio of 16.21 and a beta of 0.53. The stock has a fifty day moving average of $30.60 and a 200-day moving average of $29.89.

Hedge Funds Weigh In On Morgan Dempsey Large Cap Value ETF

A number of institutional investors have recently modified their holdings of MDLV. Diversified Management Inc. acquired a new position in shares of Morgan Dempsey Large Cap Value ETF during the 4th quarter worth $2,542,000. Envestnet Asset Management Inc. raised its holdings in shares of Morgan Dempsey Large Cap Value ETF by 14.1% during the 3rd quarter. Envestnet Asset Management Inc. now owns 507,384 shares of the company’s stock worth $14,207,000 after buying an additional 62,856 shares in the last quarter. Beacon Pointe Advisors LLC raised its holdings in shares of Morgan Dempsey Large Cap Value ETF by 4.8% during the 4th quarter. Beacon Pointe Advisors LLC now owns 377,970 shares of the company’s stock worth $10,722,000 after buying an additional 17,319 shares in the last quarter. Morgan Dempsey Capital Management LLC raised its holdings in shares of 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 worth $878,000 after buying an additional 12,100 shares in the last quarter. Finally, OLD Mission Capital LLC acquired a new position in shares of Morgan Dempsey Large Cap Value ETF during the 4th quarter worth $228,000.

About Morgan Dempsey Large Cap Value ETF

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.