Short Interest in MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI) Drops By 75.6%

Posted by Francis Steltz on Aug 13th, 2026

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI – Get Free Report) was the recipient of a significant decline in short interest in July. As of July 31st, there was short interest totaling 21,539 shares, a decline of 75.6% from the July 15th total of 88,176 shares. Based on an average trading volume of 130,088 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in MEGI. Morgan Stanley lifted its position in MainStay CBRE Global Infrastructure Megatrends Term Fund by 11.3% in the 4th quarter. Morgan Stanley now owns 5,769,365 shares of the company’s stock valued at $79,386,000 after acquiring an additional 584,119 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of MainStay CBRE Global Infrastructure Megatrends Term Fund by 5.1% in the third quarter. Raymond James Financial Inc. now owns 2,465,902 shares of the company’s stock worth $36,199,000 after purchasing an additional 120,525 shares during the last quarter. Royal Bank of Canada lifted its holdings in shares of MainStay CBRE Global Infrastructure Megatrends Term Fund by 11.4% in the fourth quarter. Royal Bank of Canada now owns 1,002,528 shares of the company’s stock valued at $13,795,000 after purchasing an additional 102,850 shares in the last quarter. Bank of America Corp DE boosted its position in shares of MainStay CBRE Global Infrastructure Megatrends Term Fund by 7.5% during the first quarter. Bank of America Corp DE now owns 759,148 shares of the company’s stock valued at $11,152,000 after buying an additional 53,185 shares during the last quarter. Finally, Sit Investment Associates Inc. purchased a new position in shares of MainStay CBRE Global Infrastructure Megatrends Term Fund during the fourth quarter valued at approximately $9,998,000.

MainStay CBRE Global Infrastructure Megatrends Term Fund Price Performance

Shares of MEGI traded up $0.12 during trading hours on Thursday, reaching $15.16. The stock had a trading volume of 77,876 shares, compared to its average volume of 166,717. The firm has a 50-day simple moving average of $15.23 and a 200 day simple moving average of $15.07. MainStay CBRE Global Infrastructure Megatrends Term Fund has a 12 month low of $13.42 and a 12 month high of $15.89.

MainStay CBRE Global Infrastructure Megatrends Term Fund Dividend Announcement

The firm also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Monday, August 24th will be paid a $0.125 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 9.9%. The ex-dividend date of this dividend is Monday, August 24th.

About MainStay CBRE Global Infrastructure Megatrends Term Fund

(Get Free Report)

MainStay CBRE Global Infrastructure Megatrends Term Fund (NYSE:MEGI) is a closed-end term fund that seeks to deliver total return through a combination of income and capital appreciation by investing primarily in global infrastructure securities. The fund targets companies involved in the development, ownership, or operation of transportation networks, energy and utility systems, digital infrastructure and related megatrends. By focusing on essential assets that underpin long-term economic growth, MEGI aims to generate a stable income stream while capturing opportunities for capital gains.

Launched in 2021, MEGI employs a thematic investment approach managed by CBRE Clarion Securities’ dedicated infrastructure equity team.