MFS Active Core Plus Bond ETF (NYSE:MFSB) Stock Short Interest Drops 91.7%

MFS Active Core Plus Bond ETF (NYSE:MFSB) saw a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 110,108 shares, a decline of 91.7% from the October 15th total of 1,327,060 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily trading volume, of 429,737 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the stock. IFG Advisory LLC lifted its holdings in shares of MFS Active Core Plus Bond ETF by 27.0% during the third quarter. IFG Advisory LLC now owns 2,722 shares of the company’s stock worth $65,000 after purchasing an additional 578 shares during the period. Confluence Wealth Services Inc. increased its stake in MFS Active Core Plus Bond ETF by 15.1% in the 3rd quarter. Confluence Wealth Services Inc. now owns 1,344,068 shares of the company’s stock valued at $31,975,000 after buying an additional 176,415 shares during the period. Flynn Zito Capital Management LLC raised its position in MFS Active Core Plus Bond ETF by 2.1% during the 3rd quarter. Flynn Zito Capital Management LLC now owns 167,274 shares of the company’s stock worth $3,979,000 after buying an additional 3,395 shares during the last quarter. Commonwealth Equity Services LLC purchased a new position in MFS Active Core Plus Bond ETF during the 3rd quarter worth $3,715,000. Finally, Envestnet Portfolio Solutions Inc. acquired a new stake in shares of MFS Active Core Plus Bond ETF in the 2nd quarter worth $225,000.

MFS Active Core Plus Bond ETF Stock Performance

Shares of NYSE MFSB traded up $0.01 during midday trading on Wednesday, reaching $24.16. 182,266 shares of the company were exchanged, compared to its average volume of 203,804. MFS Active Core Plus Bond ETF has a 1 year low of $23.68 and a 1 year high of $25.54. The stock has a fifty day simple moving average of $24.16 and a 200 day simple moving average of $24.77.

MFS Active Core Plus Bond ETF Company Profile

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. MFSB was launched on Dec 5, 2024 and is issued by MFS.