Short Interest in Morgan Stanley Pathway Large Cap Equity ETF (NYSEARCA:MSLC) Declines By 85.5%

Morgan Stanley Pathway Large Cap Equity ETF (NYSEARCA:MSLC) was the recipient of a large decrease in short interest during the month of June. As of June 30th, there was short interest totaling 2,849 shares, a decrease of 85.5% from the June 15th total of 19,675 shares. Based on an average daily volume of 78,678 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Morgan Stanley Pathway Large Cap Equity ETF Price Performance

Shares of NYSEARCA:MSLC traded up $0.20 during trading on Friday, hitting $59.47. The company’s stock had a trading volume of 43,639 shares, compared to its average volume of 89,678. The firm has a market cap of $4.00 billion, a price-to-earnings ratio of 25.33 and a beta of 0.96. The company has a 50-day moving average of $58.44 and a 200-day moving average of $55.79. Morgan Stanley Pathway Large Cap Equity ETF has a 12 month low of $50.20 and a 12 month high of $59.67.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in MSLC. Trust Co. of Vermont bought a new stake in shares of Morgan Stanley Pathway Large Cap Equity ETF during the 4th quarter valued at $28,000. Aventura Private Wealth LLC purchased a new position in Morgan Stanley Pathway Large Cap Equity ETF during the fourth quarter valued at $69,000. Raymond James Financial Inc. purchased a new position in Morgan Stanley Pathway Large Cap Equity ETF during the second quarter valued at $131,000. Royal Bank of Canada bought a new stake in Morgan Stanley Pathway Large Cap Equity ETF during the first quarter valued at about $156,000. Finally, HB Wealth Management LLC increased its position in Morgan Stanley Pathway Large Cap Equity ETF by 6.1% in the fourth quarter. HB Wealth Management LLC now owns 3,973 shares of the company’s stock worth $216,000 after buying an additional 229 shares in the last quarter.

About Morgan Stanley Pathway Large Cap Equity ETF

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.