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

MFS Active Core Plus Bond ETF (NYSE:MFSB) was the target of a significant decline in short interest in 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 stock are sold short. Based on an average daily trading volume, of 429,737 shares, the days-to-cover ratio is presently 0.3 days.

MFS Active Core Plus Bond ETF Trading Up 0.0%

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

Hedge Funds Weigh In On MFS Active Core Plus Bond ETF

A number of large investors have recently added to or reduced their stakes in MFSB. IFG Advisory LLC boosted its stake in MFS Active Core Plus Bond ETF by 27.0% during the 3rd 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 last quarter. Confluence Wealth Services Inc. increased its stake in MFS Active Core Plus Bond ETF by 15.1% during the third quarter. Confluence Wealth Services Inc. now owns 1,344,068 shares of the company’s stock worth $31,975,000 after acquiring an additional 176,415 shares during the last quarter. Flynn Zito Capital Management LLC increased its stake in MFS Active Core Plus Bond ETF by 2.1% during the third quarter. Flynn Zito Capital Management LLC now owns 167,274 shares of the company’s stock worth $3,979,000 after acquiring an additional 3,395 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in MFS Active Core Plus Bond ETF during the third quarter worth $3,715,000. Finally, Envestnet Portfolio Solutions Inc. purchased a new stake in MFS Active Core Plus Bond ETF in the second quarter valued at $225,000.

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.