Morgan Stanley
NYSEMS.PRF short interest plunged 40% over the past week, falling to 13,702 shares as of March 31. The preferred stock class of Morgan Stanley saw short sellers retreat from positions after a volatile month of fluctuating interest. Short interest in the preferred shares dropped from 22,776 shares in late February to its current level. The decline marks a 28% reduction over the past month. Days to cover remains minimal at just 1.0, reflecting low trading volume typical of preferred securities. Cost to borrow eased to 7.61% as of April 20, down 8.3% from the prior week. Borrowing costs peaked above 11% in mid-March before retreating. Current CTB still sits roughly 5% above levels seen at the end of February, suggesting some lingering shorting activity despite the position reductions. Utilization collapsed to just 0.06% on April 21, down sharply from 0.37% at month-end March. The metric peaked at 1.35% over the past 52 weeks, indicating the security has rarely seen heavy shorting pressure. The dramatic drop in utilization aligns with the sharp decline in shares short, confirming reduced shorting activity. The preferred stock closed at $25.22 on April 21, essentially flat over the past week but down 0.7% over the month. Morgan Stanley reports earnings on May 14, which may explain the timing of short sellers exiting positions ahead of the release. The low absolute level of shares short and minimal utilization suggest MS.PRF remains a relatively unattractive shorting target compared to common equity or other financial sector names. --- This is not financial advice. Short interest data may be subject to reporting delays and revisions.
Morgan Stanley Preferred Stock Sees 40% Drop in Short Interest
MS.PRF short interest plunged 40% over the past week, falling to 13,702 shares as of March 31. The preferred stock class of Morgan Stanley saw short sellers retreat from positions after a volatile month of fluctuating interest. Short interest in the preferred shares dropped from 22,776 shares in late February to its current level. The decline marks a 28% reduction over the past month. Days to cover remains minimal at just 1.0, reflecting low trading volume typical of preferred securities. Cost to borrow eased to 7.61% as of April 20, down 8.3% from the prior week. Borrowing costs peaked above 11% in mid-March before retreating. Current CTB still sits roughly 5% above levels seen at the end of February, suggesting some lingering shorting activity despite the position reductions. Utilization collapsed to just 0.06% on April 21, down sharply from 0.37% at month-end March. The metric peaked at 1.35% over the past 52 weeks, indicating the security has rarely seen heavy shorting pressure. The dramatic drop in utilization aligns with the sharp decline in shares short, confirming reduced shorting activity. The preferred stock closed at $25.22 on April 21, essentially flat over the past week but down 0.7% over the month. Morgan Stanley reports earnings on May 14, which may explain the timing of short sellers exiting positions ahead of the release. The low absolute level of shares short and minimal utilization suggest MS.PRF remains a relatively unattractive shorting target compared to common equity or other financial sector names. --- This is not financial advice. Short interest data may be subject to reporting delays and revisions.
Snapshot as of 9 May 2026
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