MFS Intermediate High Income Fund (NYSE:CIF – Get Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 48,100 shares, an increase of 69.4% from the July 15th total of 28,400 shares. Based on an average daily volume of 44,900 shares, the short-interest ratio is presently 1.1 days.
Institutional Inflows and Outflows
An institutional investor recently raised its position in MFS Intermediate High Income Fund stock. Wolverine Asset Management LLC boosted its holdings in MFS Intermediate High Income Fund (NYSE:CIF – Free Report) by 6,389.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,468 shares of the company’s stock after purchasing an additional 19,168 shares during the period. Wolverine Asset Management LLC owned about 0.10% of MFS Intermediate High Income Fund worth $33,000 as of its most recent filing with the Securities and Exchange Commission. 6.85% of the stock is owned by hedge funds and other institutional investors.
MFS Intermediate High Income Fund Trading Up 0.2 %
Shares of NYSE:CIF traded up $0.00 during midday trading on Friday, reaching $1.76. 285 shares of the company were exchanged, compared to its average volume of 42,425. MFS Intermediate High Income Fund has a fifty-two week low of $1.47 and a fifty-two week high of $1.77. The stock has a fifty day simple moving average of $1.72 and a two-hundred day simple moving average of $1.71.
MFS Intermediate High Income Fund Increases Dividend
MFS Intermediate High Income Fund Company Profile
MFS Intermediate High Income Fund is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in high income debt instruments. The fund benchmarks the performance of its portfolio against Barclays U.S.
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