NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Sees Significant Growth in Short Interest

NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 35,988 shares, a growth of 388.2% from the June 30th total of 7,372 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily volume of 12,026 shares, the short-interest ratio is currently 3.0 days.

Hedge Funds Weigh In On NYLI MacKay Muni Short Duration ETF

Large investors have recently bought and sold shares of the business. Octavia Wealth Advisors LLC increased its holdings in shares of NYLI MacKay Muni Short Duration ETF by 15.8% in the 4th quarter. Octavia Wealth Advisors LLC now owns 20,787 shares of the company’s stock valued at $528,000 after acquiring an additional 2,834 shares during the period. Breakwater Capital Group bought a new position in shares of NYLI MacKay Muni Short Duration ETF in the 1st quarter worth $267,000. M Wealth Management LLC lifted its stake in shares of NYLI MacKay Muni Short Duration ETF by 33.6% during the 4th quarter. M Wealth Management LLC now owns 44,100 shares of the company’s stock worth $1,119,000 after purchasing an additional 11,100 shares during the last quarter. Wealth Enhancement Advisory Services LLC purchased a new stake in shares of NYLI MacKay Muni Short Duration ETF during the 4th quarter worth $368,000. Finally, Cetera Investment Advisers purchased a new stake in shares of NYLI MacKay Muni Short Duration ETF during the 1st quarter worth $416,000.

NYLI MacKay Muni Short Duration ETF Price Performance

Shares of MMSD traded up $0.05 during mid-day trading on Friday, hitting $25.24. The company’s stock had a trading volume of 2,511 shares, compared to its average volume of 11,389. The company’s 50-day moving average is $25.33 and its 200-day moving average is $25.41. NYLI MacKay Muni Short Duration ETF has a 52-week low of $25.16 and a 52-week high of $25.72.

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.