Short Interest in NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Decreases By 82.8%

NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) was the target of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 7,372 shares, a decrease of 82.8% from the June 15th total of 42,787 shares. Currently, 0.2% of the shares of the stock are sold short. Based on an average trading volume of 7,318 shares, the short-interest ratio is currently 1.0 days.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Octavia Wealth Advisors LLC boosted its stake in NYLI MacKay Muni Short Duration ETF by 15.8% during 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. Breakwater Capital Group purchased a new position in NYLI MacKay Muni Short Duration ETF during the first quarter worth about $267,000. M Wealth Management LLC increased its stake in NYLI MacKay Muni Short Duration ETF by 33.6% in the 4th quarter. M Wealth Management LLC now owns 44,100 shares of the company’s stock worth $1,119,000 after acquiring an additional 11,100 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new position in NYLI MacKay Muni Short Duration ETF in the 4th quarter worth about $368,000. Finally, Cetera Investment Advisers purchased a new stake in shares of NYLI MacKay Muni Short Duration ETF in the 1st quarter valued at about $416,000.

NYLI MacKay Muni Short Duration ETF Stock Performance

NYSEARCA MMSD traded down $0.05 on Monday, hitting $25.30. The stock had a trading volume of 16,840 shares, compared to its average volume of 11,217. The firm has a 50-day moving average of $25.34 and a 200-day moving average of $25.42. NYLI MacKay Muni Short Duration ETF has a 52-week low of $25.16 and a 52-week high of $25.72.

NYLI MacKay Muni Short Duration ETF Company Profile

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.