Mfs Muni Inc Tr (NYSE:MFM) Shares Shorted: Short Interest Down 51.6% in October

Posted by Francis Steltz on Oct 31st, 2026

Mfs Muni Inc Tr (NYSE:MFM – Get Free Report) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 103,326 shares, a drop of 51.6% from the September 30th total of 213,440 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 605,306 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Mfs Muni Inc Tr

A number of hedge funds have recently added to or reduced their stakes in the stock. Robinson Capital Management LLC grew its position in Mfs Muni Inc Tr by 501.1% during the 2nd quarter. Robinson Capital Management LLC now owns 1,076,957 shares of the closed-end fund’s stock worth $6,052,000 after acquiring an additional 897,784 shares during the last quarter. City of London Investment Management Co. Ltd. increased its holdings in Mfs Muni Inc Tr by 76.2% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 572,426 shares of the closed-end fund’s stock worth $2,776,000 after purchasing an additional 247,539 shares in the last quarter. Hennion & Walsh Asset Management Inc. increased its holdings in Mfs Muni Inc Tr by 28.1% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 1,024,569 shares of the closed-end fund’s stock worth $5,758,000 after purchasing an additional 224,810 shares in the last quarter. NewEdge Advisors LLC raised its position in Mfs Muni Inc Tr by 103.0% in the second quarter. NewEdge Advisors LLC now owns 320,314 shares of the closed-end fund’s stock valued at $1,800,000 after purchasing an additional 162,503 shares during the last quarter. Finally, Rivernorth Capital Management LLC raised its position in Mfs Muni Inc Tr by 12.0% in the first quarter. Rivernorth Capital Management LLC now owns 908,050 shares of the closed-end fund’s stock valued at $4,894,000 after purchasing an additional 97,052 shares during the last quarter.

Mfs Muni Inc Tr Stock Up 0.4%

Shares of MFM stock traded up $0.02 on Friday, reaching $5.19. The company had a trading volume of 290,044 shares, compared to its average volume of 527,344. Mfs Muni Inc Tr has a one year low of $4.75 and a one year high of $5.67. The business’s 50-day moving average is $5.10 and its 200 day moving average is $5.36.

Mfs Muni Inc Tr Dividend Announcement

The business also recently disclosed a monthly dividend, which was paid on Friday, October 30th. Investors of record on Friday, October 23rd were given a dividend of $0.03 per share. This represents a $0.36 dividend on an annualized basis and a yield of 6.9%. The ex-dividend date was Friday, October 23rd.

Mfs Muni Inc Tr Company Profile

(Get Free Report)

MFS Municipal Income Trust is a closed-end investment company listed on the New York Stock Exchange under the symbol MFM. The trust seeks to provide current income that is exempt from regular federal income tax by investing primarily in municipal securities issued by states, municipalities and other public entities in the United States.

Its portfolio may include bonds financing public infrastructure and essential services, such as education, transportation, utilities, health care and other governmental projects.