NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD – Get Free Report) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totaling 1,769 shares, a drop of 87.3% from the September 30th total of 13,900 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 21,423 shares, the days-to-cover ratio is presently 0.1 days.
Institutional Trading of NYLIM MacKay Muni Short Duration ETF
Hedge funds and other institutional investors have recently modified their holdings of the stock. Cetera Investment Advisers bought a new position in NYLIM MacKay Muni Short Duration ETF in the 1st quarter worth approximately $416,000. Royal Bank of Canada lifted its holdings in NYLIM MacKay Muni Short Duration ETF by 107.8% during the 1st 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 in the last quarter. Finally, Invenio Wealth Partners LLC boosted its position in NYLIM MacKay Muni Short Duration ETF by 26.3% in the 3rd quarter. Invenio Wealth Partners LLC now owns 277,687 shares of the company’s stock valued at $6,867,000 after buying an additional 57,843 shares during the last quarter.
NYLIM MacKay Muni Short Duration ETF Trading Up 0.0%
Shares of NYSEARCA MMSD traded up $0.01 during trading on Wednesday, reaching $25.09. The company had a trading volume of 996 shares, compared to its average volume of 12,647. NYLIM MacKay Muni Short Duration ETF has a 52 week low of $24.59 and a 52 week high of $26.10. The business’s 50 day moving average price is $24.99 and its 200-day moving average price is $25.29.
About NYLIM 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.
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