Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) Short Interest Update

Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 508 shares, an increase of 3,075.0% from the June 30th total of 16 shares. Based on an average trading volume of 774 shares, the days-to-cover ratio is presently 0.7 days. Currently, 0.0% of the company’s shares are sold short.

Hedge Funds Weigh In On Madison Short Term Strategic Income ETF

Several large investors have recently added to or reduced their stakes in the business. Jane Street Group LLC increased its stake in shares of Madison Short Term Strategic Income ETF by 19.5% during the 4th quarter. Jane Street Group LLC now owns 35,631 shares of the company’s stock valued at $731,000 after acquiring an additional 5,818 shares during the last quarter. Royal Bank of Canada boosted its position in shares of Madison Short Term Strategic Income ETF by 74.5% in the first quarter. Royal Bank of Canada now owns 14,031 shares of the company’s stock worth $288,000 after acquiring an additional 5,992 shares during the last quarter. Finally, Tidal Investments LLC grew its holdings in Madison Short Term Strategic Income ETF by 9.4% in the third quarter. Tidal Investments LLC now owns 139,248 shares of the company’s stock valued at $2,875,000 after purchasing an additional 11,915 shares during the period.

Madison Short Term Strategic Income ETF Trading Up 0.2%

MSTI traded up $0.04 during trading on Friday, hitting $20.17. The company’s stock had a trading volume of 110 shares, compared to its average volume of 5,934. Madison Short Term Strategic Income ETF has a twelve month low of $20.13 and a twelve month high of $20.83. The firm’s 50 day moving average price is $20.26 and its 200-day moving average price is $20.40.

About Madison Short Term Strategic Income ETF

The Madison Short Term Strategic Income ETF (MSTI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to generate a high level of income by investing in a diversified portfolio of US debt securities. The fund aims to maintain an average portfolio duration of 3.5 years or less MSTI was launched on Sep 5, 2023 and is issued by Madison.