Short Interest in NYLI Mackay Securitized Income ETF (NYSEARCA:SECR) Expands By 128.1%

NYLI Mackay Securitized Income ETF (NYSEARCA:SECR) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 9,763 shares, a growth of 128.1% from the January 15th total of 4,281 shares. Approximately 0.2% of the company’s shares are sold short. Based on an average daily trading volume, of 25,449 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 25,449 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.2% of the company’s shares are sold short.

NYLI Mackay Securitized Income ETF Stock Performance

NYLI Mackay Securitized Income ETF stock traded up $0.09 during midday trading on Thursday, reaching $26.03. 1,567 shares of the stock traded hands, compared to its average volume of 13,168. The company has a 50-day simple moving average of $25.91 and a two-hundred day simple moving average of $26.06. NYLI Mackay Securitized Income ETF has a 12-month low of $25.52 and a 12-month high of $26.53.

NYLI Mackay Securitized Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Investors of record on Friday, January 30th were paid a dividend of $0.0793 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date of this dividend was Friday, January 30th.

Institutional Trading of NYLI Mackay Securitized Income ETF

Large investors have recently modified their holdings of the stock. Jane Street Group LLC acquired a new stake in shares of NYLI Mackay Securitized Income ETF in the first quarter valued at $262,000. Prosperity Financial Group Inc. purchased a new position in shares of NYLI Mackay Securitized Income ETF in the 2nd quarter valued at about $206,000. New York Life Investment Management LLC increased its stake in shares of NYLI Mackay Securitized Income ETF by 1.9% during the second quarter. New York Life Investment Management LLC now owns 4,728,931 shares of the company’s stock worth $123,640,000 after buying an additional 90,399 shares during the period. Advyzon Investment Management LLC acquired a new stake in NYLI Mackay Securitized Income ETF in the second quarter valued at approximately $361,000. Finally, Envestnet Asset Management Inc. acquired a new position in NYLI Mackay Securitized Income ETF during the 3rd quarter worth approximately $2,953,000.

NYLI Mackay Securitized Income ETF Company Profile

The NYLI MacKay Securitized Income ETF (SECR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed, broad portfolio of securitized US fixed income securities. It seeks total return and current income. SECR was launched on May 31, 2024 and is issued by New York Life Investments.