NYLI MacKay Municipal Insured ETF (NYSEARCA:MMIN) Short Interest Update

NYLI MacKay Municipal Insured ETF (NYSEARCA:MMIN) saw a large decrease in short interest in February. As of February 27th, there was short interest totaling 7,764 shares, a decrease of 83.0% from the February 12th total of 45,649 shares. Based on an average daily volume of 76,116 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are sold short. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 76,116 shares, the short-interest ratio is presently 0.1 days.

NYLI MacKay Municipal Insured ETF Trading Down 0.3%

MMIN stock traded down $0.07 during mid-day trading on Wednesday, reaching $24.02. The company’s stock had a trading volume of 63,836 shares, compared to its average volume of 96,884. NYLI MacKay Municipal Insured ETF has a 12 month low of $22.30 and a 12 month high of $24.44. The business’s 50 day moving average price is $24.14 and its 200 day moving average price is $23.95.

NYLI MacKay Municipal Insured ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, March 3rd. Investors of record on Friday, February 27th were paid a dividend of $0.0733 per share. The ex-dividend date of this dividend was Friday, February 27th. This represents a c) annualized dividend and a yield of 3.7%.

Institutional Investors Weigh In On NYLI MacKay Municipal Insured ETF

A number of large investors have recently bought and sold shares of the stock. Hilton Head Capital Partners LLC acquired a new position in shares of NYLI MacKay Municipal Insured ETF during the fourth quarter valued at about $1,712,000. NewEdge Advisors LLC grew its stake in shares of NYLI MacKay Municipal Insured ETF by 80.2% in the 3rd quarter. NewEdge Advisors LLC now owns 33,991 shares of the company’s stock valued at $809,000 after buying an additional 15,132 shares during the period. Cary Street Partners Financial LLC acquired a new stake in shares of NYLI MacKay Municipal Insured ETF in the 3rd quarter valued at about $202,000. Millstone Evans Group LLC increased its position in NYLI MacKay Municipal Insured ETF by 34.0% in the 3rd quarter. Millstone Evans Group LLC now owns 5,673 shares of the company’s stock valued at $135,000 after buying an additional 1,440 shares in the last quarter. Finally, Flow Traders U.S. LLC bought a new stake in NYLI MacKay Municipal Insured ETF in the 2nd quarter valued at about $1,547,000.

NYLI MacKay Municipal Insured ETF Company Profile

The IQ MacKay Municipal Insured ETF (MMIN) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund is an actively managed US municipal bond fund for insured, investment-grade securities of varying maturities. MMIN was launched on Oct 18, 2017 and is managed by IndexIQ.