MFS Active Intermediate Muni Bond ETF (NYSE:MFSM) Sees Large Decline in Short Interest

MFS Active Intermediate Muni Bond ETF (NYSE:MFSM) was the recipient of a significant decline in short interest in the month of October. As of October 30th, there was short interest totaling 12,392 shares, a decline of 81.5% from the October 15th total of 66,855 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 129,403 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of MFS Active Intermediate Muni Bond ETF

Institutional investors have recently bought and sold shares of the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new stake in shares of MFS Active Intermediate Muni Bond ETF during the 2nd quarter valued at about $1,774,000. FAS Wealth Partners Inc. boosted its position in shares of MFS Active Intermediate Muni Bond ETF by 5.1% during the first quarter. FAS Wealth Partners Inc. now owns 67,656 shares of the company’s stock worth $1,682,000 after acquiring an additional 3,261 shares during the last quarter. Platt Wealth Management LLC increased its holdings in shares of MFS Active Intermediate Muni Bond ETF by 13.2% in the third 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 last quarter. Private Advisor Group LLC purchased a new stake in shares of MFS Active Intermediate Muni Bond ETF during the 1st quarter worth approximately $371,000. Finally, Commonwealth Equity Services LLC purchased a new stake in shares of MFS Active Intermediate Muni Bond ETF during the 3rd quarter valued at about $364,000.

MFS Active Intermediate Muni Bond ETF Stock Performance

MFSM stock traded down $0.19 during midday trading on Thursday, hitting $24.44. The company had a trading volume of 147,993 shares, compared to its average volume of 51,510. The stock’s 50 day moving average price is $24.05 and its 200 day moving average price is $24.81. MFS Active Intermediate Muni Bond ETF has a 52 week low of $23.11 and a 52 week high of $25.55.

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.