Mfs Govt Mkts (NYSE:MGF) Short Interest Update

Mfs Govt Mkts (NYSE:MGF) saw a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 16,618 shares, a decline of 40.0% from the November 30th total of 27,706 shares. Based on an average trading volume of 50,177 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s stock are sold short. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 50,177 shares, the short-interest ratio is presently 0.3 days.

Mfs Govt Mkts Trading Up 0.8%

NYSE:MGF traded up $0.03 during trading hours on Friday, reaching $3.04. The company had a trading volume of 142,670 shares, compared to its average volume of 142,138. Mfs Govt Mkts has a twelve month low of $2.95 and a twelve month high of $3.17. The business’s 50-day simple moving average is $3.07 and its two-hundred day simple moving average is $3.08.

Mfs Govt Mkts Cuts Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Tuesday, December 16th will be paid a $0.0193 dividend. The ex-dividend date is Tuesday, December 16th. This represents a c) annualized dividend and a dividend yield of 7.6%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allspring Global Investments Holdings LLC raised its stake in shares of Mfs Govt Mkts by 20.3% in the third quarter. Allspring Global Investments Holdings LLC now owns 1,155,974 shares of the company’s stock worth $3,607,000 after purchasing an additional 195,101 shares during the last quarter. Private Advisor Group LLC grew its holdings in Mfs Govt Mkts by 4.5% during the third quarter. Private Advisor Group LLC now owns 1,287,332 shares of the company’s stock worth $4,016,000 after buying an additional 55,894 shares in the last quarter. PVG Asset Management Corp purchased a new stake in Mfs Govt Mkts in the 2nd quarter valued at $94,000. Sheets Smith Investment Management purchased a new stake in Mfs Govt Mkts in the 3rd quarter valued at $90,000. Finally, Consolidated Portfolio Review Corp boosted its holdings in Mfs Govt Mkts by 7.4% during the 2nd quarter. Consolidated Portfolio Review Corp now owns 403,821 shares of the company’s stock worth $1,260,000 after acquiring an additional 27,768 shares during the last quarter. Institutional investors own 54.77% of the company’s stock.

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.