Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) Sees Large Growth in Short Interest

Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 31,264 shares, an increase of 32.5% from the February 26th total of 23,589 shares. Currently, 0.2% of the company’s shares are short sold. Based on an average daily volume of 15,372 shares, the short-interest ratio is presently 2.0 days.

Institutional Investors Weigh In On Morgan Stanley Pathway Small-Mid Cap Equity ETF

Institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC lifted its stake in Morgan Stanley Pathway Small-Mid Cap Equity ETF by 383.3% in the second quarter. Jane Street Group LLC now owns 51,304 shares of the company’s stock valued at $2,392,000 after buying an additional 40,689 shares during the period. Susquehanna International Group LLP acquired a new stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF during the 3rd quarter worth approximately $760,000. Finally, Northwestern Mutual Wealth Management Co. increased its stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF by 1,691.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,200 shares of the company’s stock valued at $56,000 after acquiring an additional 1,133 shares in the last quarter.

Morgan Stanley Pathway Small-Mid Cap Equity ETF Price Performance

Shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF stock traded up $0.65 during trading on Tuesday, hitting $50.57. The company’s stock had a trading volume of 1,488 shares, compared to its average volume of 32,426. The stock has a market cap of $675.11 million, a price-to-earnings ratio of 18.16 and a beta of 1.52. Morgan Stanley Pathway Small-Mid Cap Equity ETF has a 52 week low of $37.16 and a 52 week high of $55.60. The stock has a 50-day moving average price of $53.46 and a two-hundred day moving average price of $52.13.

About Morgan Stanley Pathway Small-Mid Cap Equity ETF

The Morgan Stanley Pathway Small-Mid Cap Equity ETF (MSSM) is an exchange-traded fund that mostly invests in extended market equity. The fund seeks capital appreciation through an actively managed portfolio of US mid- and small-cap equity securities. The fund utilizes a multi-manager strategy in constructing the portfolio. MSSM was launched on Nov 18, 1991 and is issued by Morgan Stanley.