MFS Active Core Plus Bond ETF (NYSE:MFSB) Stock Short Interest Rises 4,687.2%

MFS Active Core Plus Bond ETF (NYSE:MFSB) was the recipient of a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 1,327,060 shares, an increase of 4,687.2% from the September 30th total of 27,721 shares. Based on an average trading volume of 559,992 shares, the short-interest ratio is currently 2.4 days. Currently, 4.4% of the shares of the stock are short sold.

MFS Active Core Plus Bond ETF Stock Performance

Shares of MFS Active Core Plus Bond ETF stock opened at $24.25 on Wednesday. The company’s 50 day moving average price is $24.24 and its two-hundred day moving average price is $24.82. MFS Active Core Plus Bond ETF has a fifty-two week low of $23.68 and a fifty-two week high of $25.57.

Hedge Funds Weigh In On MFS Active Core Plus Bond ETF

Large investors have recently modified their holdings of the business. Richmond Investment Services LLC bought a new position in shares of MFS Active Core Plus Bond ETF during the first quarter worth about $201,000. Envestnet Portfolio Solutions Inc. bought a new position in shares of MFS Active Core Plus Bond ETF during the 2nd quarter worth approximately $225,000. Laurel Oak Wealth Management LLC boosted its holdings in shares of MFS Active Core Plus Bond ETF by 38.8% in the 1st quarter. Laurel Oak Wealth Management LLC now owns 20,503 shares of the company’s stock worth $510,000 after buying an additional 5,734 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of MFS Active Core Plus Bond ETF during the 2nd quarter valued at approximately $1,273,000. Finally, Envestnet Asset Management Inc. grew its holdings in MFS Active Core Plus Bond ETF by 48.9% during the second quarter. Envestnet Asset Management Inc. now owns 58,154 shares of the company’s stock valued at $1,450,000 after purchasing an additional 19,091 shares during the period.

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.