NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Short Interest Down 39.5% in August

NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 8,255 shares, a decrease of 39.5% from the August 15th total of 13,654 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 19,401 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of NYLIM MacKay Muni Short Duration ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Breakwater Capital Group acquired a new stake in NYLIM MacKay Muni Short Duration ETF during the first quarter valued at approximately $267,000. Cetera Investment Advisers acquired a new position in shares of NYLIM MacKay Muni Short Duration ETF in the 1st quarter worth approximately $416,000. Royal Bank of Canada lifted its position in shares of NYLIM MacKay Muni Short Duration ETF by 107.8% during the 1st 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 period. Finally, New York Life Insurance Co. lifted its position in shares of NYLIM MacKay Muni Short Duration ETF by 98.8% during the 4th quarter. New York Life Insurance Co. now owns 1,977,705 shares of the company’s stock worth $50,194,000 after buying an additional 982,705 shares during the period.

NYLIM MacKay Muni Short Duration ETF Stock Up 0.0%

MMSD stock traded up $0.00 during midday trading on Wednesday, hitting $25.00. The stock had a trading volume of 16,102 shares, compared to its average volume of 11,555. NYLIM MacKay Muni Short Duration ETF has a 52 week low of $24.99 and a 52 week high of $26.10. The stock has a 50-day simple moving average of $25.24 and a 200 day simple moving average of $25.33.

NYLIM MacKay Muni Short Duration ETF Company Profile

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.