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

Morgan Dempsey Large Cap Value ETF (BATS:MDLV) saw a large decrease in short interest in 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 trading volume, of 7,418 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Trading of Morgan Dempsey Large Cap Value ETF

A number of institutional investors have recently bought and sold shares of MDLV. Diversified Management Inc. purchased a new position in Morgan Dempsey Large Cap Value ETF in the fourth quarter valued at about $2,542,000. Beacon Pointe Advisors LLC raised its stake 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 purchasing an additional 17,319 shares in the last quarter. Morgan Dempsey Capital Management LLC lifted 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 valued at $878,000 after buying an additional 12,100 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in shares of Morgan Dempsey Large Cap Value ETF during the 4th quarter valued at about $228,000. Finally, Susquehanna International Group LLP lifted its holdings in shares of Morgan Dempsey Large Cap Value ETF by 56.2% during 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 during the last quarter.

Morgan Dempsey Large Cap Value ETF Stock Up 0.7%

Shares of BATS:MDLV traded up $0.21 during trading on Friday, reaching $31.37. 7,709 shares of the company traded hands, compared to its average volume of 6,202. The firm has a fifty day simple moving average of $31.00 and a 200 day simple moving average of $30.32. Morgan Dempsey Large Cap Value ETF has a 1-year low of $26.98 and a 1-year high of $31.94. The firm has a market cap of $30.43 million, a P/E ratio of 16.21 and a beta of 0.53.

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.