NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 30th, there was short interest totaling 7,340 shares, a growth of 314.9% from the October 15th total of 1,769 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 16,665 shares, the days-to-cover ratio is presently 0.4 days.
Institutional Investors Weigh In On NYLIM MacKay Muni Short Duration ETF
Institutional investors and hedge funds have recently modified their holdings of the business. New York Life Investment Management LLC bought a new stake in NYLIM MacKay Muni Short Duration ETF in the third quarter worth $48,909,000. Invenio Wealth Partners LLC raised its holdings in NYLIM MacKay Muni Short Duration ETF by 26.3% during the third quarter. Invenio Wealth Partners LLC now owns 277,687 shares of the company’s stock valued at $6,867,000 after buying an additional 57,843 shares in the last quarter. Royal Bank of Canada raised its holdings in NYLIM MacKay Muni Short Duration ETF by 107.8% during the first quarter. Royal Bank of Canada now owns 39,661 shares of the company’s stock valued at $1,002,000 after buying an additional 20,577 shares in the last quarter. Finally, Cetera Investment Advisers bought a new position in NYLIM MacKay Muni Short Duration ETF during the first quarter valued at about $416,000.
NYLIM MacKay Muni Short Duration ETF Price Performance
MMSD stock opened at $25.13 on Thursday. The firm has a 50 day moving average of $24.96 and a two-hundred day moving average of $25.27. NYLIM MacKay Muni Short Duration ETF has a 12 month low of $24.59 and a 12 month high of $26.10.
About NYLIM MacKay Muni Short Duration ETF
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.
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