Morgan Stanley
NYSEShort interest in MS.PRA fell 37% over the past week to 13,698 shares as of March 31. The drop marks a sharp reversal from recent volatility in the preferred stock. The decline accelerates a longer-term trend. Short interest has now fallen 58% over the past month, down from 32,747 shares in late January. Settlement data shows erratic swings, with positions jumping to 21,811 shares in late February before the recent pullback. Cost to borrow tracked the retreat lower. CTB dropped 41% over the past week to 2.9%, down from a peak above 9% in early April. The metric now sits 51% below month-ago levels. Utilization remains minimal at 0.17%, well below the 52-week high of 2.08%. Days to cover holds at 1.0, reflecting low trading volume typical of preferred shares. The stock closed at $19.32 on April 21, down 0.4% over the past week. Morgan Stanley's Series A preferred shares trade thinly compared to the company's common stock. Short interest data for preferreds often reflects arbitrage strategies rather than directional bets on the underlying business. The recent unwind suggests positioning has normalized after elevated levels earlier this year. With borrowing costs easing and utilization near zero, shorting conditions have loosened considerably from the tighter environment seen in March.
Morgan Stanley Preferred Shares See Short Interest Plunge
Short interest in MS.PRA fell 37% over the past week to 13,698 shares as of March 31. The drop marks a sharp reversal from recent volatility in the preferred stock. The decline accelerates a longer-term trend. Short interest has now fallen 58% over the past month, down from 32,747 shares in late January. Settlement data shows erratic swings, with positions jumping to 21,811 shares in late February before the recent pullback. Cost to borrow tracked the retreat lower. CTB dropped 41% over the past week to 2.9%, down from a peak above 9% in early April. The metric now sits 51% below month-ago levels. Utilization remains minimal at 0.17%, well below the 52-week high of 2.08%. Days to cover holds at 1.0, reflecting low trading volume typical of preferred shares. The stock closed at $19.32 on April 21, down 0.4% over the past week. Morgan Stanley's Series A preferred shares trade thinly compared to the company's common stock. Short interest data for preferreds often reflects arbitrage strategies rather than directional bets on the underlying business. The recent unwind suggests positioning has normalized after elevated levels earlier this year. With borrowing costs easing and utilization near zero, shorting conditions have loosened considerably from the tighter environment seen in March.
Snapshot as of 9 May 2026
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