Short Interest in NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Decreases By 82.8%

NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) saw a large decrease in short interest in June. As of June 30th, there was short interest totaling 7,372 shares, a decrease of 82.8% from the June 15th total of 42,787 shares. Currently, 0.2% of the company’s stock are sold short. Based on an average trading volume of 7,318 shares, the days-to-cover ratio is currently 1.0 days.

Hedge Funds Weigh In On NYLI MacKay Muni Short Duration ETF

Several large investors have recently added to or reduced their stakes in MMSD. New York Life Insurance Co. raised its stake in shares of NYLI MacKay Muni Short Duration ETF by 98.8% in the fourth quarter. New York Life Insurance Co. now owns 1,977,705 shares of the company’s stock valued at $50,194,000 after purchasing an additional 982,705 shares in the last quarter. M Wealth Management LLC boosted its stake in 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 worth $1,119,000 after buying an additional 11,100 shares in the last quarter. Royal Bank of Canada increased its holdings in NYLI MacKay Muni Short Duration ETF by 107.8% in the 1st 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 during the period. Octavia Wealth Advisors LLC increased its holdings in NYLI MacKay Muni Short Duration ETF by 15.8% in 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 during the period. Finally, Cetera Investment Advisers acquired a new position in shares of NYLI MacKay Muni Short Duration ETF in the 1st quarter valued at $416,000.

NYLI MacKay Muni Short Duration ETF Stock Performance

MMSD traded up $0.04 during trading on Friday, hitting $25.35. The stock had a trading volume of 19,429 shares, compared to its average volume of 11,174. NYLI MacKay Muni Short Duration ETF has a 12 month low of $25.16 and a 12 month high of $25.72. The company has a 50 day simple moving average of $25.34 and a 200-day simple moving average of $25.42.

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.