Short Interest in NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Decreases By 82.8%

NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 7,372 shares, a drop of 82.8% from the June 15th total of 42,787 shares. Based on an average daily volume of 7,318 shares, the days-to-cover ratio is presently 1.0 days. Currently, 0.2% of the company’s stock are sold short.

Institutional Trading of NYLI MacKay Muni Short Duration ETF

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

NYLI MacKay Muni Short Duration ETF Price Performance

MMSD traded up $0.04 during trading hours on Friday, reaching $25.35. 19,429 shares of the stock traded hands, compared to its average volume of 11,174. The firm’s fifty day simple moving average is $25.34 and its two-hundred day simple moving average is $25.42. NYLI MacKay Muni Short Duration ETF has a fifty-two week low of $25.16 and a fifty-two week high of $25.72.

NYLI 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.