NYLI Mackay Securitized Income ETF (NYSEARCA:SECR) Sees Large Growth in Short Interest

NYLI Mackay Securitized Income ETF (NYSEARCA:SECR) was the recipient of a significant growth in short interest in January. As of January 30th, there was short interest totaling 9,763 shares, a growth of 128.1% from the January 15th total of 4,281 shares. Based on an average daily volume of 25,449 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the shares of the stock are sold short. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 25,449 shares, the days-to-cover ratio is currently 0.4 days.

NYLI Mackay Securitized Income ETF Stock Up 0.3%

NYSEARCA SECR traded up $0.07 during trading hours on Friday, reaching $26.10. The company’s stock had a trading volume of 1,512 shares, compared to its average volume of 12,777. NYLI Mackay Securitized Income ETF has a 1 year low of $25.52 and a 1 year high of $26.53. The firm’s 50-day moving average price is $25.91 and its 200-day moving average price is $26.06.

NYLI Mackay Securitized Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th were issued a $0.0793 dividend. This represents a c) annualized dividend and a dividend yield of 3.6%. The ex-dividend date of this dividend was Friday, January 30th.

Institutional Trading of NYLI Mackay Securitized Income ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SECR. Prosperity Financial Group Inc. increased its position in shares of NYLI Mackay Securitized Income ETF by 15.6% during the 4th quarter. Prosperity Financial Group Inc. now owns 23,996 shares of the company’s stock valued at $617,000 after purchasing an additional 3,237 shares during the last quarter. Jane Street Group LLC bought a new position in NYLI Mackay Securitized Income ETF during the first quarter valued at $262,000. Mackay Shields LLC purchased a new stake in shares of NYLI Mackay Securitized Income ETF in the fourth quarter valued at $287,000. Advyzon Investment Management LLC bought a new stake in shares of NYLI Mackay Securitized Income ETF in the 2nd quarter worth about $361,000. Finally, Citadel Advisors LLC bought a new stake in shares of NYLI Mackay Securitized Income ETF in the 3rd quarter worth about $546,000.

About NYLI Mackay Securitized Income ETF

The NYLI MacKay Securitized Income ETF (SECR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed, broad portfolio of securitized US fixed income securities. It seeks total return and current income. SECR was launched on May 31, 2024 and is issued by New York Life Investments.