NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Short Interest Up 203.7% in June

NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 42,787 shares, an increase of 203.7% from the May 31st total of 14,089 shares. Approximately 1.8% of the company’s stock are sold short. Based on an average daily trading volume, of 21,931 shares, the short-interest ratio is presently 2.0 days.

Institutional Investors Weigh In On NYLI MacKay Muni Short Duration ETF

Several hedge funds and other institutional investors have recently modified their holdings of MMSD. Breakwater Capital Group bought a new position in shares of NYLI MacKay Muni Short Duration ETF in the 1st quarter worth $267,000. Wealth Enhancement Advisory Services LLC bought a new stake in NYLI MacKay Muni Short Duration ETF during the 4th quarter valued at $368,000. Cetera Investment Advisers bought a new stake in NYLI MacKay Muni Short Duration ETF during the 1st quarter valued at $416,000. Octavia Wealth Advisors LLC raised its holdings in NYLI MacKay Muni Short Duration ETF by 15.8% during the fourth quarter. Octavia Wealth Advisors LLC now owns 20,787 shares of the company’s stock worth $528,000 after buying an additional 2,834 shares during the last quarter. Finally, Royal Bank of Canada raised its holdings in NYLI MacKay Muni Short Duration ETF by 107.8% during the first quarter. Royal Bank of Canada now owns 39,661 shares of the company’s stock worth $1,002,000 after buying an additional 20,577 shares during the last quarter.

NYLI MacKay Muni Short Duration ETF Stock Up 0.0%

MMSD stock traded up $0.01 during trading on Monday, reaching $25.43. 48,079 shares of the stock were exchanged, compared to its average volume of 11,153. The firm’s 50 day moving average is $25.35 and its 200 day moving average is $25.43. NYLI MacKay Muni Short Duration ETF has a twelve month low of $25.16 and a twelve month high of $25.72.

About NYLI MacKay Muni Short Duration ETF

The NYLI MacKay Muni Short Duration ETF (MMSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking current income exempt from federal tax through primarily investment grade municipal bonds. The fund incorporates ESG risk assessments into its strategy while maintaining an average portfolio duration of 1-3 years. MMSD was launched on May 6, 2025 and is issued by New York Life Investments.