MFS Multimarket Income Trust (NYSE:MMT – Get Free Report) saw a significant drop in short interest during the month of July. As of July 31st, there was short interest totalling 79,600 shares, a drop of 36.0% from the July 15th total of 124,300 shares. Based on an average daily trading volume, of 76,200 shares, the short-interest ratio is presently 1.0 days.
MFS Multimarket Income Trust Trading Down 0.2 %
NYSE:MMT traded down $0.01 on Tuesday, hitting $4.73. The stock had a trading volume of 32,590 shares, compared to its average volume of 78,075. The business’s 50-day simple moving average is $4.69 and its two-hundred day simple moving average is $4.63. MFS Multimarket Income Trust has a 52-week low of $4.04 and a 52-week high of $4.82.
MFS Multimarket Income Trust Increases Dividend
The company also recently announced a monthly dividend, which will be paid on Friday, August 30th. Shareholders of record on Tuesday, August 13th will be given a $0.034 dividend. This represents a $0.41 annualized dividend and a yield of 8.63%. This is a boost from MFS Multimarket Income Trust’s previous monthly dividend of $0.03. The ex-dividend date of this dividend is Tuesday, August 13th.
Institutional Inflows and Outflows
About MFS Multimarket Income Trust
MFS Multimarket Income Trust is a closed ended fixed income mutual fund launched and managed by MFS Investment Management, Inc The fund invests in the fixed income markets across the globe with greater emphasis on United States. It seeks to invest in fixed income securities issued by U.S. Government, foreign government, mortgage backed, and other asset-backed securities of U.S.
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