MFS Active Intermediate Muni Bond ETF (NYSE:MFSM) Stock Short Interest Falls 81.5%

MFS Active Intermediate Muni Bond ETF (NYSE:MFSM) saw a significant decrease in short interest in October. As of October 30th, there was short interest totaling 12,392 shares, a decrease of 81.5% from the October 15th total of 66,855 shares. Based on an average trading volume of 129,403 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the company’s shares are short sold.

MFS Active Intermediate Muni Bond ETF Trading Down 0.5%

Shares of NYSE MFSM traded down $0.12 during mid-day trading on Friday, reaching $24.32. 92,736 shares of the company’s stock were exchanged, compared to its average volume of 51,697. MFS Active Intermediate Muni Bond ETF has a twelve month low of $23.11 and a twelve month high of $25.55. The business has a fifty day simple moving average of $24.05 and a 200 day simple moving average of $24.81.

Institutional Trading of MFS Active Intermediate Muni Bond ETF

Large investors have recently bought and sold shares of the business. White Sand Wealth Management LLC acquired a new stake in MFS Active Intermediate Muni Bond ETF during the 3rd quarter worth approximately $4,482,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in MFS Active Intermediate Muni Bond ETF in the second quarter valued at approximately $1,774,000. FAS Wealth Partners Inc. boosted its holdings in shares of MFS Active Intermediate Muni Bond ETF by 5.1% in the first quarter. FAS Wealth Partners Inc. now owns 67,656 shares of the company’s stock valued at $1,682,000 after buying an additional 3,261 shares during the period. Platt Wealth Management LLC boosted its holdings in shares of MFS Active Intermediate Muni Bond ETF by 13.2% in the third quarter. Platt Wealth Management LLC now owns 45,808 shares of the company’s stock valued at $1,076,000 after buying an additional 5,333 shares during the period. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of MFS Active Intermediate Muni Bond ETF by 626.9% in the third quarter. Steward Partners Investment Advisory LLC now owns 34,911 shares of the company’s stock valued at $821,000 after buying an additional 30,108 shares during the period.

MFS Active Intermediate Muni Bond ETF Company Profile

The MFS Active Intermediate Muni Bond ETF (MFSM) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that consists of intermediate-term, tax-exempt US municipal bonds. It primarily invests in investment grade debt instruments but may also include high-yield bonds MFSM was launched on Dec 5, 2024 and is issued by MFS.