MFS Active Intermediate Muni Bond ETF (NYSE:MFSM) Shares Shorted: Short Interest Up 171.2% in September

MFS Active Intermediate Muni Bond ETF (NYSE:MFSM) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 93,831 shares, a growth of 171.2% from the August 31st total of 34,604 shares. Based on an average daily volume of 131,167 shares, the short-interest ratio is presently 0.7 days. Currently, 2.2% of the company’s stock are sold short.

Hedge Funds Weigh In On MFS Active Intermediate Muni Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. Private Advisor Group LLC acquired a new position in MFS Active Intermediate Muni Bond ETF during the first quarter worth $371,000. Ascentis Independent Advisors bought a new stake in MFS Active Intermediate Muni Bond ETF during the first quarter worth $783,000. Kestra Private Wealth Services LLC acquired a new stake in MFS Active Intermediate Muni Bond ETF in the first quarter valued at $1,551,000. FAS Wealth Partners Inc. lifted its stake in 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 acquiring an additional 3,261 shares during the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of MFS Active Intermediate Muni Bond ETF in the 2nd quarter valued at about $1,774,000.

MFS Active Intermediate Muni Bond ETF Stock Down 0.7%

MFSM stock traded down $0.17 during mid-day trading on Monday, reaching $23.51. The company had a trading volume of 127,892 shares, compared to its average volume of 35,464. The stock has a 50 day simple moving average of $24.56 and a two-hundred day simple moving average of $24.89. MFS Active Intermediate Muni Bond ETF has a 52 week low of $23.11 and a 52 week high of $25.55.

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.