NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD – Get Free Report) saw a significant increase in short interest in 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. Currently, 1.2% of the company’s shares are short sold. Based on an average trading volume of 12,026 shares, the days-to-cover ratio is currently 3.0 days.
NYLI MacKay Muni Short Duration ETF Stock Performance
MMSD stock traded up $0.05 on Friday, reaching $25.24. The company’s stock had a trading volume of 2,511 shares, compared to its average volume of 11,389. The business has a fifty day simple moving average of $25.33 and a two-hundred day simple moving average of $25.41. NYLI MacKay Muni Short Duration ETF has a 12-month low of $25.16 and a 12-month high of $25.72.
Institutional Investors Weigh In On NYLI MacKay Muni Short Duration ETF
Several institutional investors and hedge funds have recently modified their holdings of the stock. Royal Bank of Canada boosted its stake in shares of NYLI MacKay Muni Short Duration ETF by 107.8% during the 1st quarter. Royal Bank of Canada now owns 39,661 shares of the company’s stock valued at $1,002,000 after purchasing an additional 20,577 shares in the last quarter. Cetera Investment Advisers bought a new position in NYLI MacKay Muni Short Duration ETF in the first quarter worth about $416,000. Breakwater Capital Group bought a new position in NYLI MacKay Muni Short Duration ETF in the first quarter worth about $267,000. New York Life Insurance Co. lifted its holdings in NYLI MacKay Muni Short Duration ETF by 98.8% in the fourth quarter. New York Life Insurance Co. now owns 1,977,705 shares of the company’s stock worth $50,194,000 after buying an additional 982,705 shares during the period. Finally, M Wealth Management LLC lifted its holdings in NYLI MacKay Muni Short Duration ETF by 33.6% in the fourth quarter. M Wealth Management LLC now owns 44,100 shares of the company’s stock worth $1,119,000 after buying an additional 11,100 shares during the period.
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.
See Also
- Five stocks we like better than NYLI MacKay Muni Short Duration ETF
- Telecom Earnings Reveal a Sector That Finally Looks Healthier
- Defense Earnings Show Readiness Now and Modernization Ahead
- Why Palantir Investors Aren’t Panicking While the Rest of AI Sells Off
- MarketBeat Week in Review – 07/20- 07/24
Receive News & Ratings for NYLI MacKay Muni Short Duration ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NYLI MacKay Muni Short Duration ETF and related companies with MarketBeat.com's FREE daily email newsletter.
