Short Interest in MFS High Yield Municipal Trust Grows By 95.0
| CMU Stock | USD 3.38 0.01 0.30% |
Slightly above 55% of MFS High's investor base is interested to short. The analysis of overall sentiment of trading MFS High Yield stock suggests that many investors are impartial at this time. MFS High's investing sentiment can be driven by a variety of factors including economic data, MFS High's earnings reports, geopolitical events, and overall market trends.
MFS High Yield Municipal Trust was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 176,700 shares, an increase of 95.0 percent from the July 15th total of 90,600 shares. Based on an average daily trading volume,
Read at thelincolnianonline.com
 |
MFS High Fundamental Analysis
We analyze MFS High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of MFS High using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of MFS High based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Price To Book
Price To Book Comparative Analysis
MFS High is currently under evaluation in price to book category among its peers. Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.
MFS High Yield Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with MFS High stock to make a market-neutral strategy. Peer analysis of MFS High could also be used in its relative valuation, which is a method of valuing MFS High by comparing valuation metrics with similar companies.
Peers
MFS High Related Equities
| NXC | Nuveen California | 0.69 | ||||
| MHN | Blackrock Muniholdings | 0.40 | ||||
| FMN | Federated Premier | 0.28 | ||||
| DTF | DTF Tax | 0.09 | ||||
| MFM | MFS Municipal | 0.19 | ||||
| CXH | MFS Investment | 0.26 | ||||
| EOT | Eaton Vance | 0.30 | ||||
| MGF | MFS Government | 0.65 |
Additional Tools for MFS Stock Analysis
When running MFS High's price analysis, check to measure MFS High's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy MFS High is operating at the current time. Most of MFS High's value examination focuses on studying past and present price action to predict the probability of MFS High's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move MFS High's price. Additionally, you may evaluate how the addition of MFS High to your portfolios can decrease your overall portfolio volatility.