Morgan Stanley Pathway Large Cap Equity ETF (NYSEARCA:MSLC) Short Interest Down 64.2% in May

Morgan Stanley Pathway Large Cap Equity ETF (NYSEARCA:MSLC) was the recipient of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 9,736 shares, a decline of 64.2% from the May 14th total of 27,166 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 61,297 shares, the days-to-cover ratio is presently 0.2 days.

Hedge Funds Weigh In On Morgan Stanley Pathway Large Cap Equity ETF

Several large investors have recently modified their holdings of the stock. Western Wealth Management LLC bought a new position in shares of Morgan Stanley Pathway Large Cap Equity ETF during the 1st quarter valued at approximately $317,000. Royal Bank of Canada bought a new position in shares of Morgan Stanley Pathway Large Cap Equity ETF during the 1st quarter valued at approximately $156,000. Cetera Investment Advisers bought a new position in shares of Morgan Stanley Pathway Large Cap Equity ETF during the 1st quarter valued at approximately $255,000. Fifth Third Bancorp bought a new position in shares of Morgan Stanley Pathway Large Cap Equity ETF during the 1st quarter valued at approximately $2,991,000. Finally, Stifel Financial Corp bought a new position in shares of Morgan Stanley Pathway Large Cap Equity ETF during the 4th quarter valued at approximately $942,000.

Morgan Stanley Pathway Large Cap Equity ETF Trading Up 0.4%

Shares of NYSEARCA MSLC traded up $0.26 during trading hours on Friday, hitting $58.26. 75,049 shares of the company traded hands, compared to its average volume of 87,613. The stock has a market capitalization of $3.92 billion, a price-to-earnings ratio of 25.33 and a beta of 0.96. The company’s 50 day moving average price is $56.97 and its 200 day moving average price is $55.24. Morgan Stanley Pathway Large Cap Equity ETF has a 12 month low of $48.99 and a 12 month high of $59.67.

Morgan Stanley Pathway Large Cap Equity ETF Company Profile

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.