NYLI MacKay California Municipal Intermediate ETF (NYSEARCA:MMCA) Short Interest Update

NYLI MacKay California Municipal Intermediate ETF (NYSEARCA:MMCA) was the recipient of a significant decrease in short interest in September. As of September 15th, there was short interest totaling 25,000 shares, a decrease of 28.8% from the August 31st total of 35,100 shares. Based on an average daily volume of 6,400 shares, the short-interest ratio is presently 3.9 days. Based on an average daily volume of 6,400 shares, the short-interest ratio is presently 3.9 days.

Hedge Funds Weigh In On NYLI MacKay California Municipal Intermediate ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of MMCA. Weil Company Inc. raised its holdings in shares of NYLI MacKay California Municipal Intermediate ETF by 7.0% during the second quarter. Weil Company Inc. now owns 417,201 shares of the company’s stock worth $8,891,000 after acquiring an additional 27,331 shares during the period. Brio Consultants LLC acquired a new position in shares of NYLI MacKay California Municipal Intermediate ETF during the 2nd quarter worth about $551,000. Finally, International Assets Investment Management LLC increased its stake in shares of NYLI MacKay California Municipal Intermediate ETF by 40.4% during the 1st quarter. International Assets Investment Management LLC now owns 24,352 shares of the company’s stock worth $520,000 after purchasing an additional 7,012 shares during the last quarter.

NYLI MacKay California Municipal Intermediate ETF Stock Down 0.1%

Shares of NYLI MacKay California Municipal Intermediate ETF stock opened at $21.71 on Tuesday. NYLI MacKay California Municipal Intermediate ETF has a 1-year low of $20.60 and a 1-year high of $23.00. The firm’s 50-day moving average price is $21.51 and its two-hundred day moving average price is $21.27.

About NYLI MacKay California Municipal Intermediate ETF

The IQ MacKay California Municipal Intermediate ETF (MMCA) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed fund that invests primarily in investment-grade, intermediate-term municipal bonds that are exempt from federal and California income taxes.