Madison Short Term Strategic Income ETF (NYSEARCA:MSTI – Get Free Report) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 16 shares, a drop of 94.9% from the September 15th total of 311 shares. Based on an average daily trading volume, of 1,448 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the stock are short sold.
Madison Short Term Strategic Income ETF Price Performance
NYSEARCA:MSTI remained flat at $19.82 during mid-day trading on Friday. The company had a trading volume of 1,362 shares, compared to its average volume of 4,658. The business’s fifty day moving average price is $20.02 and its two-hundred day moving average price is $20.21. Madison Short Term Strategic Income ETF has a 1 year low of $19.60 and a 1 year high of $20.81.
Institutional Trading of Madison Short Term Strategic Income ETF
A hedge fund recently raised its stake in Madison Short Term Strategic Income ETF stock. ZEGA Investments LLC lifted its stake in Madison Short Term Strategic Income ETF (NYSEARCA:MSTI – Free Report) by 22.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 76,992 shares of the company’s stock after purchasing an additional 14,002 shares during the period. ZEGA Investments LLC owned 3.18% of Madison Short Term Strategic Income ETF worth $1,559,000 at the end of the most recent quarter.
About Madison Short Term Strategic Income ETF
The Madison Short Term Strategic Income ETF (MSTI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to generate a high level of income by investing in a diversified portfolio of US debt securities. The fund aims to maintain an average portfolio duration of 3.5 years or less MSTI was launched on Sep 5, 2023 and is issued by Madison.
See Also
- Five stocks we like better than Madison Short Term Strategic Income ETF
- 3 Unique ETFs With Strong Momentum for the End of the Year
- 3 Beaten-Down Biotech Stocks With Triple-Digit Upside and Big Catalysts Ahead
- Schneider Just Paid Up for PTC—Is the SaaSpocalypse Overdone?
- Delta Air Lines Faces a Fuel Crisis—But There’s a Silver Lining
Receive News & Ratings for Madison Short Term Strategic Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Madison Short Term Strategic Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
