NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Short Interest Update

NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 15,198 shares, an increase of 109.2% from the April 15th total of 7,265 shares. Based on an average trading volume of 6,003 shares, the short-interest ratio is presently 2.5 days. Currently, 0.6% of the shares of the company are short sold.

Institutional Trading of NYLI MacKay Muni Short Duration ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of NYLI MacKay Muni Short Duration ETF during the fourth quarter worth about $368,000. Octavia Wealth Advisors LLC increased its stake in shares of NYLI MacKay Muni Short Duration ETF by 15.8% during the fourth quarter. Octavia Wealth Advisors LLC now owns 20,787 shares of the company’s stock worth $528,000 after purchasing an additional 2,834 shares in the last quarter. New York Life Insurance Co. increased its stake in shares of NYLI MacKay Muni Short Duration ETF by 98.8% during the fourth quarter. New York Life Insurance Co. now owns 1,977,705 shares of the company’s stock worth $50,194,000 after purchasing an additional 982,705 shares in the last quarter. Cetera Investment Advisers purchased a new stake in shares of NYLI MacKay Muni Short Duration ETF during the first quarter worth about $416,000. Finally, Breakwater Capital Group purchased a new stake in shares of NYLI MacKay Muni Short Duration ETF during the first quarter worth about $267,000.

NYLI MacKay Muni Short Duration ETF Trading Down 0.1%

Shares of MMSD stock traded down $0.02 during mid-day trading on Friday, reaching $25.28. 35,565 shares of the company’s stock traded hands, compared to its average volume of 10,419. NYLI MacKay Muni Short Duration ETF has a 12 month low of $24.99 and a 12 month high of $25.72. The firm has a 50 day moving average price of $25.38 and a two-hundred day moving average price of $25.44.

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.