NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD – Get Free Report) was the target of a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 42,787 shares, a growth of 203.7% from the May 31st total of 14,089 shares. Based on an average trading volume of 21,931 shares, the short-interest ratio is presently 2.0 days. Approximately 1.8% of the shares of the company are short sold.
NYLI MacKay Muni Short Duration ETF Price Performance
NYSEARCA:MMSD traded up $0.02 on Friday, reaching $25.42. 1,481 shares of the company’s stock were exchanged, compared to its average volume of 10,849. The stock has a fifty day simple moving average of $25.35 and a 200-day simple moving average of $25.43. NYLI MacKay Muni Short Duration ETF has a 52 week low of $25.16 and a 52 week high of $25.72.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently bought and sold shares of MMSD. Breakwater Capital Group bought a new position in NYLI MacKay Muni Short Duration ETF in the 1st quarter worth approximately $267,000. Wealth Enhancement Advisory Services LLC bought a new stake in NYLI MacKay Muni Short Duration ETF during the 4th quarter valued at $368,000. Cetera Investment Advisers purchased a new stake in shares of NYLI MacKay Muni Short Duration ETF during the first quarter worth $416,000. Octavia Wealth Advisors LLC lifted its position in shares of 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 worth $528,000 after acquiring an additional 2,834 shares in the last quarter. Finally, Royal Bank of Canada lifted its position in shares of NYLI MacKay Muni Short Duration ETF by 107.8% during the first quarter. Royal Bank of Canada now owns 39,661 shares of the company’s stock worth $1,002,000 after acquiring an additional 20,577 shares in the last quarter.
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.
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