Short Interest in MFS Active Growth ETF (NYSE:MFSG) Decreases By 65.2%

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

Hedge Funds Weigh In On MFS Active Growth ETF

Hedge funds have recently added to or reduced their stakes in the stock. Allegheny Financial Group increased its stake in shares of MFS Active Growth ETF by 54.1% in the 1st 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 last quarter. Royal Bank of Canada increased its stake in 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 valued at $6,472,000 after purchasing an additional 53,158 shares in the last quarter. LPL Financial LLC raised its holdings in MFS Active Growth ETF by 104.0% in the fourth quarter. LPL Financial LLC now owns 175,861 shares of the company’s stock worth $4,978,000 after purchasing an additional 89,644 shares during the period. Advisory Services Network LLC boosted its position in shares of MFS Active Growth ETF by 11.4% during the fourth quarter. Advisory Services Network LLC now owns 81,203 shares of the company’s stock worth $2,298,000 after purchasing an additional 8,280 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of MFS Active Growth ETF by 143.8% during the first quarter. Cetera Investment Advisers now owns 80,943 shares of the company’s stock worth $2,071,000 after purchasing an additional 47,736 shares in the last quarter.

MFS Active Growth ETF Stock Up 1.0%

MFSG stock traded up $0.29 during midday trading on Friday, reaching $29.96. The company’s stock had a trading volume of 35,095 shares, compared to its average volume of 81,332. The business’s 50-day simple moving average is $29.92 and its 200-day simple moving average is $28.96. MFS Active Growth ETF has a 52 week low of $24.50 and a 52 week high of $30.92. The stock has a market cap of $368.51 million, a PE ratio of 36.15 and a beta of 1.35.

About MFS Active Growth ETF

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.