Morgan Stanley Pathway Large Cap Equity ETF (NYSEARCA:MSLC) Sees Large Decline in Short Interest

Morgan Stanley Pathway Large Cap Equity ETF (NYSEARCA:MSLC) was the recipient of a large drop in short interest in the month of September. As of September 15th, there was short interest totaling 8,428 shares, a drop of 65.2% from the August 31st total of 24,243 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 65,084 shares, the short-interest ratio is currently 0.1 days.

Hedge Funds Weigh In On Morgan Stanley Pathway Large Cap Equity ETF

Several hedge funds have recently modified their holdings of the company. NewEdge Advisors LLC grew its holdings in Morgan Stanley Pathway Large Cap Equity ETF by 877.4% during the second quarter. NewEdge Advisors LLC now owns 1,300 shares of the company’s stock worth $76,000 after acquiring an additional 1,167 shares during the period. Citadel Advisors LLC acquired a new position in shares of Morgan Stanley Pathway Large Cap Equity ETF in the 2nd quarter worth approximately $2,609,000. Wedmont Private Capital bought a new stake in shares of Morgan Stanley Pathway Large Cap Equity ETF in the 2nd quarter worth approximately $201,000. HB Wealth Management LLC raised its holdings in shares of Morgan Stanley Pathway Large Cap Equity ETF by 35.9% in the 2nd quarter. HB Wealth Management LLC now owns 5,398 shares of the company’s stock worth $317,000 after purchasing an additional 1,425 shares in the last quarter. Finally, Trust Co. of Vermont acquired a new stake in Morgan Stanley Pathway Large Cap Equity ETF during the second quarter valued at approximately $30,000.

Morgan Stanley Pathway Large Cap Equity ETF Stock Performance

Shares of NYSEARCA:MSLC traded up $0.35 during trading on Friday, reaching $60.71. The company had a trading volume of 155,504 shares, compared to its average volume of 82,214. The firm’s fifty day moving average is $60.20 and its 200 day moving average is $57.83. The firm has a market capitalization of $4.08 billion, a PE ratio of 25.33 and a beta of 0.96. Morgan Stanley Pathway Large Cap Equity ETF has a twelve month low of $50.20 and a twelve month high of $61.68.

About Morgan Stanley Pathway Large Cap Equity ETF

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