NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Stock Short Interest Falls 60.6%

NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 3,254 shares, a decrease of 60.6% from the August 31st total of 8,255 shares. Based on an average daily trading volume, of 13,749 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of NYLIM MacKay Muni Short Duration ETF

A number of institutional investors have recently bought and sold shares of the stock. New York Life Insurance Co. increased its stake in NYLIM MacKay Muni Short Duration ETF by 98.8% during the 4th 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. Royal Bank of Canada raised its holdings in shares of NYLIM MacKay Muni Short Duration ETF by 107.8% in the first quarter. Royal Bank of Canada now owns 39,661 shares of the company’s stock worth $1,002,000 after buying an additional 20,577 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of NYLIM MacKay Muni Short Duration ETF during the first quarter worth $416,000. Finally, Breakwater Capital Group acquired a new stake in shares of NYLIM MacKay Muni Short Duration ETF during the first quarter worth $267,000.

NYLIM MacKay Muni Short Duration ETF Price Performance

NYSEARCA MMSD traded down $0.06 during trading on Monday, hitting $24.69. The company’s stock had a trading volume of 5,479 shares, compared to its average volume of 11,738. NYLIM MacKay Muni Short Duration ETF has a fifty-two week low of $24.65 and a fifty-two week high of $26.10. The business’s 50 day simple moving average is $25.17 and its 200-day simple moving average is $25.29.

NYLIM 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.