Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) Short Interest Up 23.4% in December

Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 2,376 shares, an increase of 23.4% from the December 15th total of 1,926 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 3,804 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 3,804 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.1% of the company’s shares are sold short.

Madison Short Term Strategic Income ETF Stock Down 0.0%

Shares of NYSEARCA MSTI opened at $20.50 on Wednesday. The firm’s fifty day moving average is $20.61 and its 200 day moving average is $20.64. Madison Short Term Strategic Income ETF has a 52 week low of $20.28 and a 52 week high of $20.83.

Institutional Trading of Madison Short Term Strategic Income ETF

Institutional investors have recently modified their holdings of the company. Royal Bank of Canada increased its holdings in Madison Short Term Strategic Income ETF by 74.5% during the 1st quarter. Royal Bank of Canada now owns 14,031 shares of the company’s stock valued at $288,000 after purchasing an additional 5,992 shares during the period. Jane Street Group LLC grew its position in shares of Madison Short Term Strategic Income ETF by 91.0% in the 1st quarter. Jane Street Group LLC now owns 23,413 shares of the company’s stock worth $480,000 after buying an additional 11,156 shares during the last quarter. Tidal Investments LLC increased its stake in shares of Madison Short Term Strategic Income ETF by 342.3% during the second quarter. Tidal Investments LLC now owns 127,333 shares of the company’s stock valued at $2,626,000 after buying an additional 98,541 shares during the period. Finally, Centric Wealth Management raised its holdings in shares of Madison Short Term Strategic Income ETF by 5.3% during the third quarter. Centric Wealth Management now owns 50,728 shares of the company’s stock valued at $1,046,000 after acquiring an additional 2,570 shares in the last quarter.

Madison Short Term Strategic Income ETF Company Profile

The Madison Short Term Strategic Income ETF (MSTI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to generate a high level of income by investing in a diversified portfolio of US debt securities. The fund aims to maintain an average portfolio duration of 3.5 years or less MSTI was launched on Sep 5, 2023 and is issued by Madison.