MFS Special Value Trust (NYSE:MFV) Short Interest Update

MFS Special Value Trust (NYSE:MFVGet Rating) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 18,900 shares, a growth of 41.0% from the March 15th total of 13,400 shares. Based on an average trading volume of 10,400 shares, the short-interest ratio is currently 1.8 days.

Shares of NYSE MFV traded down $0.02 during trading on Friday, reaching $6.23. 7,105 shares of the company traded hands, compared to its average volume of 8,027. The firm’s fifty day simple moving average is $6.11 and its 200 day simple moving average is $6.48. MFS Special Value Trust has a 12-month low of $5.69 and a 12-month high of $7.18.

The business also recently disclosed a monthly dividend, which will be paid on Friday, April 29th. Shareholders of record on Wednesday, April 20th will be paid a dividend of $0.0422 per share. The ex-dividend date of this dividend is Tuesday, April 19th. This represents a $0.51 dividend on an annualized basis and a dividend yield of 8.13%.

Several large investors have recently bought and sold shares of MFV. Stratos Wealth Partners LTD. acquired a new position in shares of MFS Special Value Trust during the 4th quarter worth approximately $89,000. NewEdge Advisors LLC purchased a new stake in MFS Special Value Trust in the fourth quarter valued at approximately $135,000. Advisor Group Holdings Inc. raised its position in MFS Special Value Trust by 33.0% in the third quarter. Advisor Group Holdings Inc. now owns 24,779 shares of the closed-end fund’s stock valued at $165,000 after purchasing an additional 6,150 shares during the period. Finally, AdvisorNet Financial Inc raised its position in MFS Special Value Trust by 3.4% in the fourth quarter. AdvisorNet Financial Inc now owns 63,419 shares of the closed-end fund’s stock valued at $435,000 after purchasing an additional 2,087 shares during the period. Hedge funds and other institutional investors own 4.07% of the company’s stock.

About MFS Special Value Trust (Get Rating)

MFS Special Value Trust is a closed-ended balanced mutual fund launched and managed by Massachusetts Financial Services Company The fund invests in the public equity and fixed income markets of the United States. It primarily invests in value stocks of companies operating across diversified sectors. The fund employs fundamental analysis and a bottom-up stock picking approach to create its portfolio.

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