MFS Active Core Plus Bond ETF (NYSEARCA:MFSB) Sees Significant Decline in Short Interest

MFS Active Core Plus Bond ETF (NYSEARCA:MFSB) saw a large drop in short interest during the month of September. As of September 30th, there was short interest totaling 5,300 shares, a drop of 85.4% from the September 15th total of 36,300 shares. Based on an average daily volume of 31,600 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 31,600 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. DAVENPORT & Co LLC grew its position in MFS Active Core Plus Bond ETF by 18.0% during the 3rd quarter. DAVENPORT & Co LLC now owns 24,250 shares of the company’s stock worth $612,000 after purchasing an additional 3,700 shares during the last quarter. Fermata Advisors LLC boosted its holdings in shares of MFS Active Core Plus Bond ETF by 36.7% in the third quarter. Fermata Advisors LLC now owns 487,260 shares of the company’s stock valued at $12,291,000 after acquiring an additional 130,819 shares in the last quarter. Marshall Financial Group LLC boosted its holdings in shares of MFS Active Core Plus Bond ETF by 8.6% in the third quarter. Marshall Financial Group LLC now owns 798,508 shares of the company’s stock valued at $20,142,000 after acquiring an additional 63,117 shares in the last quarter. Jane Street Group LLC boosted its holdings in shares of MFS Active Core Plus Bond ETF by 12.9% in the second quarter. Jane Street Group LLC now owns 18,106 shares of the company’s stock valued at $452,000 after acquiring an additional 2,073 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of MFS Active Core Plus Bond ETF in the first quarter valued at about $246,000.

MFS Active Core Plus Bond ETF Price Performance

Shares of MFS Active Core Plus Bond ETF stock opened at $25.47 on Friday. MFS Active Core Plus Bond ETF has a 1 year low of $24.15 and a 1 year high of $25.50. The company’s fifty day moving average is $25.22 and its two-hundred day moving average is $24.89.

About MFS Active Core Plus Bond ETF

The MFS Active Core Plus Bond ETF (MFSB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in debt securities of any credit quality and maturity issued by governments and corporations from around the globe. The fund seeks total return with an emphasis on current income.