Short Interest in NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Rises By 203.7%

NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) saw a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 42,787 shares, a growth of 203.7% from the May 31st total of 14,089 shares. Currently, 1.8% of the company’s stock are sold short. Based on an average daily trading volume, of 21,931 shares, the short-interest ratio is presently 2.0 days.

NYLI MacKay Muni Short Duration ETF Stock Performance

NYLI MacKay Muni Short Duration ETF stock traded down $0.06 during mid-day trading on Tuesday, reaching $25.36. The stock had a trading volume of 105 shares, compared to its average volume of 11,152. The company has a 50-day moving average price of $25.35 and a two-hundred day moving average price of $25.43. NYLI MacKay Muni Short Duration ETF has a one year low of $25.16 and a one year high of $25.72.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Octavia Wealth Advisors LLC lifted its position in shares of NYLI MacKay Muni Short Duration ETF by 15.8% during the 4th quarter. Octavia Wealth Advisors LLC now owns 20,787 shares of the company’s stock valued at $528,000 after buying an additional 2,834 shares in the last quarter. Breakwater Capital Group bought a new stake in NYLI MacKay Muni Short Duration ETF in the 1st quarter valued at $267,000. M Wealth Management LLC grew its position in shares of NYLI MacKay Muni Short Duration ETF by 33.6% during the fourth quarter. M Wealth Management LLC now owns 44,100 shares of the company’s stock valued at $1,119,000 after purchasing an additional 11,100 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in NYLI MacKay Muni Short Duration ETF during the 4th quarter valued at approximately $368,000. Finally, Cetera Investment Advisers bought a new stake in NYLI MacKay Muni Short Duration ETF in the first quarter worth $416,000.

About NYLI 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.