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

Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 23,589 shares, an increase of 38.5% from the February 12th total of 17,029 shares. Based on an average daily volume of 15,640 shares, the short-interest ratio is presently 1.5 days. Approximately 0.2% of the company’s stock are sold short. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 15,640 shares, the short-interest ratio is presently 1.5 days.

Morgan Stanley Pathway Small-Mid Cap Equity ETF Stock Performance

Shares of NYSEARCA MSSM traded down $0.11 during trading on Friday, hitting $51.14. 16,265 shares of the company traded hands, compared to its average volume of 21,952. The firm has a market capitalization of $682.72 million, a price-to-earnings ratio of 18.16 and a beta of 1.52. The business’s fifty day moving average is $53.93 and its 200 day moving average is $52.04. Morgan Stanley Pathway Small-Mid Cap Equity ETF has a fifty-two week low of $37.16 and a fifty-two week high of $55.60.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in MSSM. Jane Street Group LLC grew its stake in Morgan Stanley Pathway Small-Mid Cap Equity ETF by 383.3% in the second quarter. Jane Street Group LLC now owns 51,304 shares of the company’s stock valued at $2,392,000 after acquiring an additional 40,689 shares during the period. Susquehanna International Group LLP bought a new stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF during the third quarter valued at approximately $760,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF by 1,691.0% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,200 shares of the company’s stock worth $56,000 after purchasing an additional 1,133 shares during the period.

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.