Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) Sees Large Decrease in Short Interest

Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 17,649 shares, a drop of 19.2% from the January 15th total of 21,845 shares. Based on an average daily trading volume, of 41,324 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the company’s shares are short sold. Approximately 0.1% of the company’s shares are short sold. Based on an average daily trading volume, of 41,324 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Morgan Stanley Pathway Small-Mid Cap Equity ETF

A number of hedge funds have recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in Morgan Stanley Pathway Small-Mid Cap Equity ETF by 803.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 849 shares of the company’s stock valued at $43,000 after acquiring an additional 755 shares during the last quarter. Jane Street Group LLC purchased a new stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF in the first quarter valued at $458,000. Finally, Susquehanna International Group LLP acquired a new position in Morgan Stanley Pathway Small-Mid Cap Equity ETF in the third quarter valued at $760,000.

Morgan Stanley Pathway Small-Mid Cap Equity ETF Stock Up 1.0%

Shares of NYSEARCA:MSSM opened at $54.59 on Friday. The stock has a market cap of $728.78 million, a P/E ratio of 18.16 and a beta of 1.52. The business has a fifty day moving average of $52.94 and a two-hundred day moving average of $51.23. Morgan Stanley Pathway Small-Mid Cap Equity ETF has a 52-week low of $37.16 and a 52-week high of $55.48.

Morgan Stanley Pathway Small-Mid Cap Equity ETF Company Profile

The Morgan Stanley Pathway Small-Mid Cap Equity ETF (MSSM) is an exchange-traded fund that mostly invests in extended market equity. The fund seeks capital appreciation through an actively managed portfolio of US mid- and small-cap equity securities. The fund utilizes a multi-manager strategy in constructing the portfolio. MSSM was launched on Nov 18, 1991 and is issued by Morgan Stanley.