MFS Active Growth ETF (NYSE:MFSG) Shares Shorted: Short Interest Down 56.8% in September

by · The Cerbat Gem

MFS Active Growth ETF (NYSE:MFSG – Get Free Report) was the recipient of a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 2,405 shares, a decline of 56.8% from the September 15th total of 5,567 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 43,263 shares, the days-to-cover ratio is currently 0.1 days.

MFS Active Growth ETF Stock Performance

NYSE:MFSG traded down $0.01 during trading hours on Tuesday, hitting $31.03. The stock had a trading volume of 40,605 shares, compared to its average volume of 77,685. The business’s 50 day moving average is $30.38 and its 200-day moving average is $29.55. The company has a market cap of $406.49 million, a price-to-earnings ratio of 36.15 and a beta of 1.33. MFS Active Growth ETF has a one year low of $24.50 and a one year high of $31.55.

Institutional Trading of MFS Active Growth ETF

Several hedge funds have recently added to or reduced their stakes in MFSG. Allegheny Financial Group grew its stake in MFS Active Growth ETF by 54.1% in the first quarter. Allegheny Financial Group now owns 653,413 shares of the company’s stock valued at $16,721,000 after acquiring an additional 229,458 shares during the period. Royal Bank of Canada increased its holdings in shares of MFS Active Growth ETF by 26.6% in the first quarter. Royal Bank of Canada now owns 252,914 shares of the company’s stock worth $6,472,000 after acquiring an additional 53,158 shares in the last quarter. Cetera Investment Advisers increased its holdings in shares of MFS Active Growth ETF by 143.8% in the first 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. D.A. Davidson & CO. raised its position in shares of MFS Active Growth ETF by 661.2% during the first quarter. D.A. Davidson & CO. now owns 68,188 shares of the company’s stock worth $1,745,000 after purchasing an additional 59,230 shares during the period. Finally, Apollon Wealth Management LLC raised its position in shares of MFS Active Growth ETF by 1.6% during the first quarter. Apollon Wealth Management LLC now owns 56,540 shares of the company’s stock worth $1,447,000 after purchasing an additional 884 shares during the period.

About MFS Active Growth ETF

(Get Free Report)

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.

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