Mfs Govt Mkts (NYSE:MGF) Short Interest Update

Key Points

• Short interest rose 56.7% in February to 100,397 shares as of Feb. 27, producing a short‑interest ratio of about 1.0 days and roughly 0.3% of the company's shares shorted.
• Institutional ownership is 54.77%, with several firms establishing new small positions and Cetera Investment Advisers boosting its stake by 44.8% to 14,950 shares (~$45,000).
• Shares traded at $2.96 (52‑week range $2.91–$3.17), and the fund disclosed a monthly dividend of $0.0191 payable March 31 (record/ex‑dividend March 17) with a reported annualized yield of about 7.7%.

Mfs Govt Mkts (NYSE:MGF - Get Free Report) was the recipient of a significant growth in short interest in the month of February. As of February 27th, there was short interest totaling 100,397 shares, a growth of 56.7% from the February 12th total of 64,051 shares. Based on an average daily trading volume, of 103,662 shares, the short-interest ratio is presently 1.0 days. Approximately 0.3% of the company's stock are short sold. Approximately 0.3% of the company's stock are short sold. Based on an average daily trading volume, of 103,662 shares, the short-interest ratio is presently 1.0 days.

Institutional Trading of Mfs Govt Mkts

A number of institutional investors and hedge funds have recently made changes to their positions in the company. TMB Capital Partners LLC purchased a new position in Mfs Govt Mkts in the 4th quarter worth approximately $30,000. Commonwealth Equity Services LLC acquired a new position in Mfs Govt Mkts in the fourth quarter worth about $32,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Mfs Govt Mkts during the 3rd quarter valued at approximately $32,000. Cetera Investment Advisers lifted its position in shares of Mfs Govt Mkts by 44.8% in the 4th quarter. Cetera Investment Advisers now owns 14,950 shares of the company's stock worth $45,000 after buying an additional 4,624 shares during the last quarter. Finally, BankPlus Wealth Management LLC bought a new position in Mfs Govt Mkts in the third quarter worth about $48,000. 54.77% of the stock is currently owned by institutional investors and hedge funds.

Mfs Govt Mkts Stock Performance

Shares of Mfs Govt Mkts stock traded up $0.02 during trading on Friday, reaching $2.96. The company's stock had a trading volume of 92,052 shares, compared to its average volume of 115,040. The company has a 50-day moving average price of $3.01 and a two-hundred day moving average price of $3.05. Mfs Govt Mkts has a fifty-two week low of $2.91 and a fifty-two week high of $3.17.

Mfs Govt Mkts Increases Dividend

The company also recently disclosed a monthly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Tuesday, March 17th will be given a $0.0191 dividend. This is a boost from Mfs Govt Mkts's previous monthly dividend of $0.02. This represents a c) dividend on an annualized basis and a dividend yield of 7.7%. The ex-dividend date of this dividend is Tuesday, March 17th.

Mfs Govt Mkts Company Profile

MFS Government Markets Fund NYSE: MGF is a closed-end management investment company that seeks to provide current income consistent with preservation of capital and liquidity by investing primarily in U.S. government and government-related debt securities. The fund's portfolio typically consists of U.S. Treasury obligations, agency securities and repurchase agreements collateralized by government-backed instruments. By concentrating on high-quality, sovereign-issued fixed income, MGF aims to offer investors relatively stable returns while minimizing exposure to credit risk.

The fund employs a disciplined, yield-curve-aware approach, blending short-term and intermediate-term maturities to balance income generation with interest-rate sensitivity.

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