MFS High Income Municipal Trust (CXE) Short Interest Ratio & Short Volume

Short interest is the volume of MFS High Income Municipal Trust shares that have been sold short but have not yet been covered or closed out. As of April 15th, traders have sold 18,600 shares of CXE short. Learn More on MFS High Income Municipal Trust's current short interest.

MFS High Income Municipal Trust saw a drop in short interest in April. As of April 15th, there was short interest totaling 18,600 shares, a drop of 71.1% from the previous total of 64,400 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.

Here is how the short interest of companies in the industry of "investment offices, not elsewhere classified" compare to MFS High Income Municipal Trust: High Income Securities Fund (0.12%), Nuveen Select Maturities Municipal Fund (0.06%), John Hancock Investors Trust (0.05%), The Korea Fund, Inc. (0.18%), PCM Fund Inc. (0.56%), Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (0.04%), DWS Strategic Municipal Income Trust (0.89%), MFS Government Markets Income Trust (0.66%), Nuveen Arizona Quality Municipal Income Fund (0.02%), The Swiss Helvetia Fund Inc. (0.06%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.70 billion), Occidental Petroleum Co. ($3.52 billion), Charter Communications, Inc. ($3.14 billion), General Motors ($2.68 billion), Coinbase Global, Inc. ($2.57 billion), Moderna, Inc. ($2.18 billion), Tractor Supply ($2.10 billion), Royal Caribbean Cruises Ltd. ($1.91 billion), TC Energy Co. ($1.90 billion), and Williams-Sonoma, Inc. ($1.78 billion). View all of the most shorted stocks.

Short selling CXE is an investing strategy that aims to generate trading profit from MFS High Income Municipal Trust as its price is falling. CXE shares are trading down $0.02 today. To short a 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 a stock 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 High Income 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 CXE, 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 CXE, twice per month. The most recent reporting period available is April, 15 2024.