Short Interest in Mfs Muni Inc Tr (NYSE:MFM) Increases By 71.7%

Posted by Brenda Bartman on Jun 3rd, 2026

Mfs Muni Inc Tr (NYSE:MFM – Get Free Report) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totaling 63,584 shares, an increase of 71.7% from the April 30th total of 37,027 shares. Based on an average daily volume of 137,593 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are short sold.

Mfs Muni Inc Tr Price Performance

NYSE MFM opened at $5.40 on Wednesday. The company has a fifty day simple moving average of $5.38 and a 200 day simple moving average of $5.42. Mfs Muni Inc Tr has a 12-month low of $5.03 and a 12-month high of $5.67.

Mfs Muni Inc Tr Dividend Announcement

The firm also recently declared a monthly dividend, which was paid on Friday, May 29th. Investors of record on Tuesday, May 19th were given a $0.024 dividend. The ex-dividend date of this dividend was Tuesday, May 19th. This represents a c) annualized dividend and a yield of 5.3%.

Institutional Trading of Mfs Muni Inc Tr

Several hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC grew its position in Mfs Muni Inc Tr by 12.2% in the 1st quarter. NewEdge Advisors LLC now owns 157,811 shares of the closed-end fund’s stock valued at $851,000 after purchasing an additional 17,153 shares during the period. Bank of America Corp DE lifted its stake in Mfs Muni Inc Tr by 1.1% during the 1st quarter. Bank of America Corp DE now owns 1,605,668 shares of the closed-end fund’s stock valued at $8,655,000 after acquiring an additional 18,174 shares in the last quarter. Rivernorth Capital Management LLC lifted its stake in Mfs Muni Inc Tr by 12.0% during the 1st quarter. Rivernorth Capital Management LLC now owns 908,050 shares of the closed-end fund’s stock valued at $4,894,000 after acquiring an additional 97,052 shares in the last quarter. Royal Bank of Canada lifted its stake in Mfs Muni Inc Tr by 23.3% during the 1st quarter. Royal Bank of Canada now owns 128,209 shares of the closed-end fund’s stock valued at $691,000 after acquiring an additional 24,243 shares in the last quarter. Finally, Cetera Investment Advisers lifted its stake in Mfs Muni Inc Tr by 22.4% during the 1st quarter. Cetera Investment Advisers now owns 34,303 shares of the closed-end fund’s stock valued at $185,000 after acquiring an additional 6,268 shares in the last quarter.

About Mfs Muni Inc Tr

(Get Free Report)

MFS Municipal Income Trust (NYSE: MFM) is a closed-end management investment company that seeks to provide shareholders with a high level of income exempt from federal income tax. The trust primarily invests in a diversified portfolio of municipal securities, including both general obligation and revenue bonds issued by U.S. states, territories and municipalities. Its shares trade on the New York Stock Exchange, offering investors access to a professionally managed municipal bond portfolio within a single, publicly traded vehicle.

At least 80% of the trust’s total assets are allocated to investment-grade municipal debt, with the flexibility to invest up to 20% in non-investment grade or unrated securities when market conditions warrant.