MFS Active International ETF (NYSE:MFSI) Sees Significant Drop in Short Interest

MFS Active International ETF (NYSE:MFSI) was the target of a large decrease in short interest in October. As of October 15th, there was short interest totaling 19,557 shares, a decrease of 52.5% from the September 30th total of 41,141 shares. Based on an average daily volume of 321,805 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Hedge Funds Weigh In On MFS Active International ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Victory Financial Group LLC boosted its position in shares of MFS Active International ETF by 1.4% during the 3rd quarter. Victory Financial Group LLC now owns 86,141 shares of the company’s stock valued at $2,814,000 after acquiring an additional 1,151 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in shares of MFS Active International ETF by 9.7% during the third quarter. Apollon Wealth Management LLC now owns 24,455 shares of the company’s stock worth $799,000 after purchasing an additional 2,162 shares in the last quarter. Jeter Robert S II increased its position in shares of MFS Active International ETF by 1.0% in the second quarter. Jeter Robert S II now owns 249,803 shares of the company’s stock worth $8,151,000 after purchasing an additional 2,446 shares during the last quarter. Sanctuary Advisors LLC increased its position in shares of MFS Active International ETF by 17.4% in the first quarter. Sanctuary Advisors LLC now owns 18,394 shares of the company’s stock worth $547,000 after purchasing an additional 2,725 shares during the last quarter. Finally, William Mack & Associates Inc. purchased a new stake in MFS Active International ETF in the third quarter valued at approximately $125,000.

MFS Active International ETF Trading Down 1.2%

Shares of MFSI traded down $0.40 during mid-day trading on Friday, reaching $32.42. 231,354 shares of the stock traded hands, compared to its average volume of 258,710. The firm has a fifty day moving average price of $33.04 and a 200 day moving average price of $32.07. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 18.16 and a beta of 0.53. MFS Active International ETF has a 1 year low of $28.62 and a 1 year high of $33.97.

About MFS Active International ETF

The MFS Active International ETF (MFSI) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund that invests in stocks issued by companies from around the globe, excluding the US. The fund may include firms of any market capitalization. MFSI was launched on Dec 5, 2024 and is issued by MFS.