MFS Active Intermediate Muni Bond ETF (NYSE:MFSM) Shares Shorted: Short Interest Down 81.5% in October

MFS Active Intermediate Muni Bond ETF (NYSE:MFSM) saw a large 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. Currently, 0.2% of the shares of the company are sold short. Based on an average daily trading volume, of 129,403 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On MFS Active Intermediate Muni Bond ETF

A number of large investors have recently made changes to their positions in MFSM. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of MFS Active Intermediate Muni Bond ETF during the 2nd quarter valued at $1,774,000. FAS Wealth Partners Inc. boosted its stake in MFS Active Intermediate Muni Bond ETF by 5.1% in the 1st quarter. FAS Wealth Partners Inc. now owns 67,656 shares of the company’s stock worth $1,682,000 after purchasing an additional 3,261 shares during the period. Platt Wealth Management LLC boosted its stake in MFS Active Intermediate Muni Bond ETF by 13.2% in the 3rd quarter. Platt Wealth Management LLC now owns 45,808 shares of the company’s stock worth $1,076,000 after purchasing an additional 5,333 shares during the period. Commonwealth Equity Services LLC purchased a new position in MFS Active Intermediate Muni Bond ETF during the 3rd quarter valued at about $364,000. Finally, Private Advisor Group LLC purchased a new position in MFS Active Intermediate Muni Bond ETF during the 1st quarter valued at about $371,000.

MFS Active Intermediate Muni Bond ETF Stock Down 0.8%

MFSM traded down $0.19 on Thursday, hitting $24.44. The company’s stock had a trading volume of 147,993 shares, compared to its average volume of 51,510. MFS Active Intermediate Muni Bond ETF has a 12 month low of $23.11 and a 12 month high of $25.55. The company’s 50 day simple moving average is $24.05 and its 200-day simple moving average is $24.81.

About MFS Active Intermediate Muni Bond ETF

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.