Morgan Stanley Pathway Large Cap Equity ETF (NYSEARCA:MSLC) Short Interest Up 344.6% in August

Morgan Stanley Pathway Large Cap Equity ETF (NYSEARCA:MSLC) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 24,243 shares, a growth of 344.6% from the August 15th total of 5,453 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 63,459 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Morgan Stanley Pathway Large Cap Equity ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Trust Co. of Vermont purchased a new position in shares of Morgan Stanley Pathway Large Cap Equity ETF during the second quarter worth about $30,000. NewEdge Advisors LLC boosted its position in shares of Morgan Stanley Pathway Large Cap Equity ETF by 877.4% in the 2nd quarter. NewEdge Advisors LLC now owns 1,300 shares of the company’s stock valued at $76,000 after purchasing an additional 1,167 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Morgan Stanley Pathway Large Cap Equity ETF in the 2nd quarter valued at about $131,000. Royal Bank of Canada acquired a new stake in shares of Morgan Stanley Pathway Large Cap Equity ETF in the 1st quarter valued at about $156,000. Finally, Wedmont Private Capital purchased a new position in Morgan Stanley Pathway Large Cap Equity ETF during the 2nd quarter worth approximately $201,000.

Morgan Stanley Pathway Large Cap Equity ETF Price Performance

Shares of NYSEARCA:MSLC traded up $0.53 during trading on Friday, hitting $60.30. 61,700 shares of the company were exchanged, compared to its average volume of 82,926. The stock has a market capitalization of $4.05 billion, a P/E ratio of 25.33 and a beta of 0.96. Morgan Stanley Pathway Large Cap Equity ETF has a 12-month low of $50.20 and a 12-month high of $61.68. The firm’s 50 day moving average price is $59.97 and its 200-day moving average price is $57.40.

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.