MFS Active International ETF (NYSE:MFSI) Shares Shorted: Short Interest Down 52.5% in October

MFS Active International ETF (NYSE:MFSI) was the target of a significant 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. Currently, 0.1% of the company’s stock are short sold. Based on an average daily volume of 321,805 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On MFS Active International ETF

Several hedge funds have recently modified their holdings of MFSI. William Mack & Associates Inc. purchased a new position in shares of MFS Active International ETF in the 3rd quarter worth $125,000. Apollon Wealth Management LLC bought a new stake in MFS Active International ETF during the 1st quarter valued at $425,000. Sanctuary Advisors LLC grew its holdings in MFS Active International ETF by 17.4% during the 1st quarter. Sanctuary Advisors LLC now owns 18,394 shares of the company’s stock worth $547,000 after acquiring an additional 2,725 shares in the last quarter. Kestra Advisory Services LLC increased its holdings in shares of MFS Active International ETF by 36.8% in the 1st quarter. Kestra Advisory Services LLC now owns 41,439 shares of the company’s stock valued at $1,232,000 after acquiring an additional 11,148 shares during the period. Finally, Janney Montgomery Scott LLC purchased a new stake in shares of MFS Active International ETF during the 1st quarter valued at $1,321,000.

MFS Active International ETF Trading Down 1.2%

MFSI stock traded down $0.40 during midday trading on Friday, hitting $32.42. The company’s stock had a trading volume of 231,354 shares, compared to its average volume of 258,710. The company has a market cap of $1.26 billion, a PE ratio of 18.16 and a beta of 0.53. MFS Active International ETF has a 12 month low of $28.62 and a 12 month high of $33.97. The firm’s 50-day moving average is $33.04 and its 200-day moving average is $32.07.

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.