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

Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) was the target of a significant drop in short interest in the month of October. As of October 15th, there was short interest totaling 1,107 shares, a drop of 80.4% from the September 30th total of 5,641 shares. Based on an average trading volume of 15,028 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Morgan Stanley Pathway Small-Mid Cap Equity ETF Price Performance

Morgan Stanley Pathway Small-Mid Cap Equity ETF stock traded up $0.74 during midday trading on Thursday, hitting $58.85. The company’s stock had a trading volume of 10,261 shares, compared to its average volume of 21,745. Morgan Stanley Pathway Small-Mid Cap Equity ETF has a 1-year low of $48.51 and a 1-year high of $62.08. The company has a 50-day moving average price of $58.18 and a two-hundred day moving average price of $57.16. The company has a market cap of $709.14 million, a price-to-earnings ratio of 18.16 and a beta of 1.03.

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

An institutional investor recently bought a new stake in Morgan Stanley Pathway Small-Mid Cap Equity ETF stock. Fifth Third Bancorp purchased a new stake in Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 12,110 shares of the company’s stock, valued at approximately $625,000. Fifth Third Bancorp owned 0.10% of Morgan Stanley Pathway Small-Mid Cap Equity ETF at the end of the most recent quarter.

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.