MFS Government Markets Income Trust (MGF) Short Interest Ratio & Short Volume

Short interest is the volume of MFS Government Markets Income Trust shares that have been sold short but have not yet been covered or closed out. As of April 30th, investors have sold 108,300 shares of MGF short. Learn More on MFS Government Markets Income Trust's current short interest.

The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers. A short interest ratio of 10 or greater indicates strong pessimism about a stock. MGF shares currently have a short interest ratio of 1.0. Learn More on MFS Government Markets Income Trust's short interest ratio.

MFS Government Markets Income Trust saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 108,300 shares, a drop of 49.6% from the previous total of 215,000 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 Government Markets Income Trust: The Swiss Helvetia Fund Inc. (0.17%), Nuveen Massachusetts Quality Municipal Income Fund (0.15%), DWS Strategic Municipal Income Trust (0.62%), Flaherty & Crumrine Preferred Income Opportunity Fund Inc. (0.10%), PCM Fund Inc. (0.37%), Nuveen Select Maturities Municipal Fund (0.08%), Nuveen Municipal Income Fund, Inc. (0.18%), High Income Securities Fund (2.93%), MFS High Income Municipal Trust (0.17%), SuRo Capital Corp. (0.12%),

As of the most recent reporting period, the following stocks had the largest short interest positions: T-Mobile US, Inc. ($3.98 billion), Occidental Petroleum Co. ($3.35 billion), Charter Communications, Inc. ($3.06 billion), General Motors ($2.88 billion), Moderna, Inc. ($2.32 billion), Tractor Supply ($2.27 billion), Royal Caribbean Cruises Ltd. ($2.22 billion), Coinbase Global, Inc. ($2.18 billion), Williams-Sonoma, Inc. ($1.95 billion), and Chesapeake Energy Co. ($1.52 billion). View all of the most shorted stocks.

Short selling MGF is an investing strategy that aims to generate trading profit from MFS Government Markets Income Trust as its price is falling. MGF shares are trading up $0.01 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 Government Markets Income Trust occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of MGF, 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 MGF, twice per month. The most recent reporting period available is April, 30 2024.