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

NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 42,787 shares, a growth of 203.7% from the May 31st total of 14,089 shares. Currently, 1.8% of the shares of the company are sold short. Based on an average trading volume of 21,931 shares, the days-to-cover ratio is currently 2.0 days.

NYLI MacKay Muni Short Duration ETF Stock Performance

NYLI MacKay Muni Short Duration ETF stock traded up $0.02 during mid-day trading on Friday, reaching $25.42. 1,481 shares of the company’s stock were exchanged, compared to its average volume of 10,849. The business’s fifty day simple moving average is $25.35 and its 200 day simple moving average is $25.43. NYLI MacKay Muni Short Duration ETF has a one year low of $25.16 and a one year high of $25.72.

Institutional Investors Weigh In On NYLI MacKay Muni Short Duration ETF

A number of hedge funds have recently made changes to their positions in the business. Breakwater Capital Group bought a new position in NYLI MacKay Muni Short Duration ETF during the first quarter valued at about $267,000. Wealth Enhancement Advisory Services LLC purchased a new stake in NYLI MacKay Muni Short Duration ETF in the fourth quarter worth $368,000. Cetera Investment Advisers bought a new stake in shares of NYLI MacKay Muni Short Duration ETF in the first quarter valued at $416,000. Octavia Wealth Advisors LLC raised its stake in shares of NYLI MacKay Muni Short Duration ETF by 15.8% in the fourth quarter. Octavia Wealth Advisors LLC now owns 20,787 shares of the company’s stock valued at $528,000 after buying an additional 2,834 shares during the period. Finally, Royal Bank of Canada lifted its position in shares of NYLI MacKay Muni Short Duration ETF by 107.8% during 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.

About NYLI 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.