Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) Stock Short Interest Report for October

Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 176 shares, an increase of 1,000.0% from the September 30th total of 16 shares. Based on an average daily volume of 627 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Madison Short Term Strategic Income ETF

An institutional investor recently raised its stake in Madison Short Term Strategic Income ETF stock. ZEGA Investments LLC increased its holdings in Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) by 22.2% in the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 76,992 shares of the company’s stock after acquiring an additional 14,002 shares during the period. ZEGA Investments LLC owned approximately 3.18% of Madison Short Term Strategic Income ETF worth $1,559,000 at the end of the most recent quarter.

Madison Short Term Strategic Income ETF Stock Up 0.1%

Shares of MSTI traded up $0.01 during trading hours on Monday, hitting $19.95. 72 shares of the stock were exchanged, compared to its average volume of 4,416. The stock’s 50-day moving average price is $19.96 and its two-hundred day moving average price is $20.27. Madison Short Term Strategic Income ETF has a 12-month low of $19.60 and a 12-month high of $20.76.

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.