MFS Municipal Income Trust (NYSE:MFM) Short Interest Down 22.9% in February

Posted by Renee Jackson on Mar 6th, 2025

MFS Municipal Income Trust (NYSE:MFM – Get Free Report) was the recipient of a large decline in short interest in February. As of February 15th, there was short interest totalling 16,500 shares, a decline of 22.9% from the January 31st total of 21,400 shares. Based on an average trading volume of 108,600 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On MFS Municipal Income Trust

A number of hedge funds have recently modified their holdings of MFM. Waverly Advisors LLC bought a new stake in shares of MFS Municipal Income Trust in the 4th quarter valued at about $54,000. Amarillo National Bank acquired a new position in shares of MFS Municipal Income Trust in the fourth quarter worth approximately $62,000. Avantax Advisory Services Inc. bought a new stake in MFS Municipal Income Trust in the fourth quarter valued at approximately $69,000. Landscape Capital Management L.L.C. acquired a new stake in MFS Municipal Income Trust during the 4th quarter valued at approximately $70,000. Finally, Jane Street Group LLC bought a new position in MFS Municipal Income Trust during the 4th quarter worth approximately $79,000.

MFS Municipal Income Trust Stock Performance

Shares of MFS Municipal Income Trust stock traded down $0.04 on Thursday, reaching $5.53. 3,936 shares of the stock were exchanged, compared to its average volume of 92,186. The firm’s 50 day moving average is $5.43 and its 200-day moving average is $5.55. MFS Municipal Income Trust has a one year low of $5.05 and a one year high of $5.78.

MFS Municipal Income Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Monday, March 31st. Shareholders of record on Tuesday, March 18th will be issued a $0.0215 dividend. The ex-dividend date is Tuesday, March 18th. This represents a $0.26 dividend on an annualized basis and a yield of 4.67%.

MFS Municipal Income Trust Company Profile

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MFS Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in tax-exempt bonds and tax-exempt notes. The fund benchmarks the performance of its portfolio against Barclays Municipal Bond Index.