Short Interest in Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) Drops By 95.3%

Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) saw a large decline in short interest in July. As of July 15th, there was short interest totaling 886 shares, a decline of 95.3% from the June 30th total of 18,724 shares. Based on an average daily volume of 46,031 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Jane Street Group LLC lifted its holdings in Morgan Stanley Pathway Small-Mid Cap Equity ETF by 383.3% in the second quarter. Jane Street Group LLC now owns 51,304 shares of the company’s stock valued at $2,392,000 after acquiring an additional 40,689 shares during the period. Susquehanna International Group LLP acquired a new position in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF during the 3rd quarter worth $760,000. Fifth Third Bancorp acquired a new stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF in the first quarter valued at about $625,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF by 1,691.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,200 shares of the company’s stock valued at $56,000 after purchasing an additional 1,133 shares during the period. Finally, Royal Bank of Canada acquired a new stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF in the first quarter valued at about $39,000.

Morgan Stanley Pathway Small-Mid Cap Equity ETF Price Performance

Shares of MSSM stock traded up $0.01 during trading hours on Friday, reaching $59.32. 9,353 shares of the company’s stock were exchanged, compared to its average volume of 26,118. The company has a market cap of $711.84 million, a P/E ratio of 18.16 and a beta of 0.98. The company’s 50 day moving average is $59.70 and its two-hundred day moving average is $56.20. Morgan Stanley Pathway Small-Mid Cap Equity ETF has a 1 year low of $46.15 and a 1 year high of $62.00.

Morgan Stanley Pathway Small-Mid Cap Equity ETF Company Profile

The Morgan Stanley Pathway Small-Mid Cap Equity ETF (MSSM) is an exchange-traded fund that mostly invests in extended market equity. The fund seeks capital appreciation through an actively managed portfolio of US mid- and small-cap equity securities. The fund utilizes a multi-manager strategy in constructing the portfolio. MSSM was launched on Nov 18, 1991 and is issued by Morgan Stanley.