MFS Intermediate High Income Fund (NYSE:CIF) Trading Down 0.6%

MFS Intermediate High Income Fund (NYSE:CIFGet Free Report)’s stock price was down 0.6% during mid-day trading on Monday . The stock traded as low as $1.69 and last traded at $1.69. Approximately 43,305 shares traded hands during trading, an increase of 2% from the average daily volume of 42,608 shares. The stock had previously closed at $1.70.

MFS Intermediate High Income Fund Trading Up 0.3 %

The business has a fifty day simple moving average of $1.71 and a 200 day simple moving average of $1.65.

MFS Intermediate High Income Fund Announces Dividend

The business also recently declared a monthly dividend, which will be paid on Thursday, February 29th. Investors of record on Wednesday, February 14th will be issued a $0.0148 dividend. The ex-dividend date of this dividend is Tuesday, February 13th. This represents a $0.18 annualized dividend and a dividend yield of 10.38%.

Institutional Investors Weigh In On MFS Intermediate High Income Fund

Hedge funds and other institutional investors have recently made changes to their positions in the stock. NewEdge Advisors LLC grew its position in MFS Intermediate High Income Fund by 15.4% in the first quarter. NewEdge Advisors LLC now owns 243,300 shares of the company’s stock worth $591,000 after acquiring an additional 32,400 shares during the period. Commonwealth Equity Services LLC grew its position in MFS Intermediate High Income Fund by 16.1% in the third quarter. Commonwealth Equity Services LLC now owns 109,157 shares of the company’s stock worth $186,000 after acquiring an additional 15,099 shares during the period. Advisor Group Holdings Inc. grew its position in MFS Intermediate High Income Fund by 43.0% in the fourth quarter. Advisor Group Holdings Inc. now owns 63,391 shares of the company’s stock worth $109,000 after acquiring an additional 19,076 shares during the period. SFI Advisors LLC purchased a new position in MFS Intermediate High Income Fund in the first quarter worth approximately $97,000. Finally, Susquehanna International Group LLP grew its position in MFS Intermediate High Income Fund by 101.7% in the fourth quarter. Susquehanna International Group LLP now owns 50,435 shares of the company’s stock worth $86,000 after acquiring an additional 25,427 shares during the period. Institutional investors and hedge funds own 8.90% of the company’s stock.

MFS Intermediate High Income Fund Company Profile

(Get Free Report)

MFS Intermediate High Income Fund is a closed ended fixed income mutual fund launched and managed by Massachusetts Financial Services Company. The fund invests in fixed income markets of the United States. It primarily invests in high income debt instruments. The fund benchmarks the performance of its portfolio against Barclays U.S.

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