MFS Active Intermediate Muni Bond ETF (NYSE:MFSM – Get Free Report) was the recipient of a large decrease in short interest during the month of September. As of September 30th, there was short interest totaling 48,208 shares, a decrease of 48.6% from the September 15th total of 93,831 shares. Based on an average daily volume of 127,426 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.1% of the shares of the company are short sold.
MFS Active Intermediate Muni Bond ETF Price Performance
Shares of NYSE MFSM traded up $0.02 during mid-day trading on Friday, hitting $23.97. 150,413 shares of the company were exchanged, compared to its average volume of 45,610. The stock has a 50 day simple moving average of $24.23 and a 200-day simple moving average of $24.75. MFS Active Intermediate Muni Bond ETF has a 1-year low of $23.11 and a 1-year high of $25.55.
Institutional Trading of MFS Active Intermediate Muni Bond ETF
Several institutional investors and hedge funds have recently modified their holdings of the business. Ascentis Independent Advisors purchased a new stake in shares of MFS Active Intermediate Muni Bond ETF during the first quarter worth about $783,000. Kestra Private Wealth Services LLC purchased a new stake in MFS Active Intermediate Muni Bond ETF in the 1st quarter valued at about $1,551,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in MFS Active Intermediate Muni Bond ETF in the 2nd quarter valued at about $1,774,000. FAS Wealth Partners Inc. lifted its stake in shares of 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 valued at $1,682,000 after purchasing an additional 3,261 shares in the last quarter. Finally, Private Advisor Group LLC acquired a new position in MFS Active Intermediate Muni Bond ETF during the first quarter valued at approximately $371,000.
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.
See Also
- Five stocks we like better than MFS Active Intermediate Muni Bond ETF
- Bank of America Stock Sell-Off Looks Like a Buying Opportunity
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
Receive News & Ratings for MFS Active Intermediate Muni Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MFS Active Intermediate Muni Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.
