NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Short Interest Update

NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD) was the target of a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 8,255 shares, a decrease of 39.5% from the August 15th total of 13,654 shares. Based on an average trading volume of 19,401 shares, the short-interest ratio is currently 0.4 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Trading of NYLIM MacKay Muni Short Duration ETF

Several hedge funds and other institutional investors have recently modified their holdings of MMSD. Royal Bank of Canada grew its stake in NYLIM MacKay Muni Short Duration ETF by 107.8% in the 1st quarter. Royal Bank of Canada now owns 39,661 shares of the company’s stock valued at $1,002,000 after buying an additional 20,577 shares during the last quarter. Cetera Investment Advisers bought a new position in NYLIM MacKay Muni Short Duration ETF in the 1st quarter valued at about $416,000. Breakwater Capital Group acquired a new stake in NYLIM MacKay Muni Short Duration ETF during the first quarter worth approximately $267,000. Finally, New York Life Insurance Co. lifted its position in NYLIM MacKay Muni Short Duration ETF by 98.8% during the fourth quarter. New York Life Insurance Co. now owns 1,977,705 shares of the company’s stock worth $50,194,000 after acquiring an additional 982,705 shares during the last quarter.

NYLIM MacKay Muni Short Duration ETF Trading Up 0.1%

MMSD stock traded up $0.02 during midday trading on Thursday, reaching $25.01. 17,891 shares of the company were exchanged, compared to its average volume of 11,624. The business has a 50-day moving average price of $25.23 and a two-hundred day moving average price of $25.32. NYLIM MacKay Muni Short Duration ETF has a one year low of $24.97 and a one year high of $26.10.

About NYLIM MacKay Muni Short Duration ETF

The NYLI MacKay Muni Short Duration ETF (MMSD) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking current income exempt from federal tax through primarily investment grade municipal bonds. The fund incorporates ESG risk assessments into its strategy while maintaining an average portfolio duration of 1-3 years. MMSD was launched on May 6, 2025 and is issued by New York Life Investments.