NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Short Interest Up 388.2% in July

NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) was the recipient of a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 35,988 shares, an increase of 388.2% from the June 30th total of 7,372 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 12,026 shares, the days-to-cover ratio is presently 3.0 days.

Institutional Investors Weigh In On NYLI MacKay Muni Short Duration ETF

A number of institutional investors have recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC purchased a new position in shares of NYLI MacKay Muni Short Duration ETF during the fourth quarter worth $368,000. Octavia Wealth Advisors LLC lifted its stake in NYLI MacKay Muni Short Duration ETF by 15.8% during the 4th quarter. Octavia Wealth Advisors LLC now owns 20,787 shares of the company’s stock worth $528,000 after acquiring an additional 2,834 shares in the last quarter. M Wealth Management LLC lifted its stake in NYLI MacKay Muni Short Duration ETF by 33.6% during 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 in the last quarter. New York Life Insurance Co. boosted its holdings in NYLI MacKay Muni Short Duration ETF by 98.8% during the 4th quarter. New York Life Insurance Co. now owns 1,977,705 shares of the company’s stock valued at $50,194,000 after acquiring an additional 982,705 shares during the period. Finally, Breakwater Capital Group purchased a new position in NYLI MacKay Muni Short Duration ETF during the 1st quarter valued at about $267,000.

NYLI MacKay Muni Short Duration ETF Trading Up 0.1%

NYLI MacKay Muni Short Duration ETF stock traded up $0.03 during mid-day trading on Monday, hitting $25.27. The company’s stock had a trading volume of 2,973 shares, compared to its average volume of 11,330. NYLI MacKay Muni Short Duration ETF has a 1 year low of $25.16 and a 1 year high of $25.72. The stock’s fifty day moving average is $25.33 and its two-hundred day moving average is $25.41.

About NYLI MacKay Muni Short Duration ETF

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.