Short Interest in NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) Expands By 109.2%

NYLI MacKay Muni Short Duration ETF (NYSEARCA:MMSD) saw a large increase in short interest in April. As of April 30th, there was short interest totaling 15,198 shares, an increase of 109.2% from the April 15th total of 7,265 shares. Based on an average daily volume of 6,003 shares, the short-interest ratio is presently 2.5 days. Currently, 0.6% of the shares of the stock are short sold.

Institutional Investors Weigh In On NYLI MacKay Muni Short Duration ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Breakwater Capital Group acquired a new stake in NYLI MacKay Muni Short Duration ETF in the first quarter valued at $267,000. Wealth Enhancement Advisory Services LLC acquired a new position in NYLI MacKay Muni Short Duration ETF during the 4th quarter worth about $368,000. Cetera Investment Advisers bought a new stake in shares of NYLI MacKay Muni Short Duration ETF in the 1st quarter valued at about $416,000. Octavia Wealth Advisors LLC grew its position in shares of NYLI MacKay Muni Short Duration ETF by 15.8% in the 4th quarter. Octavia Wealth Advisors LLC now owns 20,787 shares of the company’s stock valued at $528,000 after buying an additional 2,834 shares during the last quarter. Finally, M Wealth Management LLC increased its stake in shares of 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 valued at $1,119,000 after buying an additional 11,100 shares during the period.

NYLI MacKay Muni Short Duration ETF Price Performance

NYSEARCA:MMSD traded down $0.02 on Monday, hitting $25.28. The company had a trading volume of 100 shares, compared to its average volume of 10,309. NYLI MacKay Muni Short Duration ETF has a 52 week low of $24.99 and a 52 week high of $25.72. The firm has a 50 day moving average of $25.38 and a two-hundred day moving average of $25.44.

NYLI MacKay Muni Short Duration ETF Company Profile

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.