NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Stock Short Interest Declines 87.3%

NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD) saw a significant decline in short interest in October. As of October 15th, there was short interest totaling 1,769 shares, a decline of 87.3% from the September 30th total of 13,900 shares. Based on an average daily trading volume, of 21,423 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On NYLIM MacKay Muni Short Duration ETF

Institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its position in NYLIM MacKay Muni Short Duration ETF by 107.8% during the first quarter. Royal Bank of Canada now owns 39,661 shares of the company’s stock worth $1,002,000 after acquiring an additional 20,577 shares during the period. Invenio Wealth Partners LLC lifted its holdings in NYLIM MacKay Muni Short Duration ETF by 26.3% during the third quarter. Invenio Wealth Partners LLC now owns 277,687 shares of the company’s stock valued at $6,867,000 after purchasing an additional 57,843 shares in the last quarter. Finally, Cetera Investment Advisers acquired a new stake in shares of NYLIM MacKay Muni Short Duration ETF in the first quarter valued at about $416,000.

NYLIM MacKay Muni Short Duration ETF Stock Performance

NYSEARCA MMSD traded down $0.00 during trading hours on Tuesday, reaching $25.08. The company’s stock had a trading volume of 16,672 shares, compared to its average volume of 12,418. NYLIM MacKay Muni Short Duration ETF has a 1-year low of $24.59 and a 1-year high of $26.10. The company’s 50-day moving average is $25.00 and its two-hundred day moving average is $25.30.

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.