MFS Investment Grade Municipal Trust Short Interest Ratio and Short Volume

Short interest is the volume of MFS Investment Grade Municipal Trust shares that have been sold short but have not yet been closed out or covered. As of August 31st, traders have sold 1,200 shares of CXH short. Learn More on MFS Investment Grade Municipal Trust's current short interest.

MFS Investment Grade Municipal Trust saw a decrease in short interest in the month of August. As of August 31st, there was short interest totaling 1,200 shares, a decrease of 88.1% from the previous total of 10,100 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.

0.00% of MFS Investment Grade Municipal Trust's shares are currently sold short. Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to MFS Investment Grade Municipal Trust: Adams Natural Resources Fund, Inc. (0.00%), BlackRock MuniVest Fund II, Inc. (0.00%), PIMCO Strategic Income Fund, Inc. (0.00%), Horizon Technology Finance Co. (0.00%), BlackRock MuniYield Quality Fund II, Inc. (0.00%), Blackrock MuniYield California Fund, Inc. (0.00%), WhiteHorse Finance, Inc. (0.73%), Barings Corporate Investors (0.00%), BlackRock Investment Quality Municipal Trust Inc. (0.00%), and Tortoise Energy Infrastructure Co. (0.00%).

As of the most recent reporting period, the following stocks had the largest short interest positions: Square, Inc. ($9.81 billion), S&P Global Inc. ($7.52 billion), Advanced Micro Devices, Inc. ($7.18 billion), Charter Communications, Inc. ($6.21 billion), Wayfair Inc. ($4.60 billion), Zoom Video Communications, Inc. ($3.23 billion), Uber Technologies, Inc. ($3.11 billion), Palo Alto Networks, Inc. ($2.74 billion), Teladoc Health, Inc. ($2.52 billion), and Etsy, Inc. ($2.16 billion). View all of the most shorted stocks.

Short selling CXH is an investing strategy that aims to generate trading profit from MFS Investment Grade Municipal Trust as its price is falling. MFS Investment Grade Municipal Trust's stock is trading down $0.03 today. To short MFS Investment Grade Municipal Trust stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that MFS Investment Grade Municipal Trust will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.

A short squeeze for MFS Investment Grade Municipal Trust occurs when it has a large amount of short interest and its stock increases in price. This forces short sellers to cover their short interest positions by buying actual shares of CXH, which in turn drives the price of the stock up even further.

Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including CXH, twice per month. The most recent reporting period available is August, 31 2021.