NYLI Mackay Securitized Income ETF (NYSEARCA:SECR) Short Interest Update

NYLI Mackay Securitized Income ETF (NYSEARCA:SECR) saw a large growth in short interest in February. As of February 27th, there was short interest totaling 16,096 shares, a growth of 49.7% from the February 12th total of 10,750 shares. Approximately 0.3% of the shares of the stock are sold short. Based on an average daily trading volume, of 5,554 shares, the days-to-cover ratio is presently 2.9 days. Based on an average daily trading volume, of 5,554 shares, the days-to-cover ratio is presently 2.9 days. Approximately 0.3% of the shares of the stock are sold short.

NYLI Mackay Securitized Income ETF Stock Down 0.1%

Shares of NYLI Mackay Securitized Income ETF stock opened at $25.75 on Friday. The company has a 50 day moving average of $25.92 and a 200-day moving average of $26.08. NYLI Mackay Securitized Income ETF has a 1-year low of $25.52 and a 1-year high of $26.53.

NYLI Mackay Securitized Income ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, March 3rd. Shareholders of record on Friday, February 27th were given a dividend of $0.0812 per share. This is an increase from NYLI Mackay Securitized Income ETF’s previous monthly dividend of $0.08. This represents a c) annualized dividend and a yield of 3.8%. The ex-dividend date was Friday, February 27th.

Institutional Investors Weigh In On NYLI Mackay Securitized Income ETF

A number of large investors have recently modified their holdings of the business. Envestnet Asset Management Inc. bought a new stake in shares of NYLI Mackay Securitized Income ETF during the 3rd quarter worth $2,953,000. Citadel Advisors LLC acquired a new stake in NYLI Mackay Securitized Income ETF in the third quarter valued at about $546,000. Cetera Investment Advisers bought a new position in NYLI Mackay Securitized Income ETF in the fourth quarter valued at about $487,000. Mackay Shields LLC bought a new position in NYLI Mackay Securitized Income ETF in the fourth quarter valued at about $287,000. Finally, Prosperity Financial Group Inc. raised its stake in NYLI Mackay Securitized Income ETF by 164.1% during the third quarter. Prosperity Financial Group Inc. now owns 20,759 shares of the company’s stock worth $543,000 after acquiring an additional 12,899 shares in the last quarter.

NYLI Mackay Securitized Income ETF Company Profile

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.