Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) Short Interest Up 264.5% in August

Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 4,392 shares, an increase of 264.5% from the July 30th total of 1,205 shares. Based on an average daily volume of 11,803 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are sold short.

Morgan Stanley Pathway Small-Mid Cap Equity ETF Trading Down 1.1%

Morgan Stanley Pathway Small-Mid Cap Equity ETF stock traded down $0.68 during trading hours on Friday, reaching $59.98. 13,149 shares of the company were exchanged, compared to its average volume of 23,828. The firm has a market cap of $716.76 million, a price-to-earnings ratio of 18.16 and a beta of 1.01. The stock has a 50-day moving average of $60.50 and a 200 day moving average of $57.37. Morgan Stanley Pathway Small-Mid Cap Equity ETF has a 12 month low of $48.51 and a 12 month high of $62.08.

Institutional Trading of Morgan Stanley Pathway Small-Mid Cap Equity ETF

A number of institutional investors and hedge funds have recently modified their holdings of MSSM. Jane Street Group LLC raised its holdings in Morgan Stanley Pathway Small-Mid Cap Equity ETF by 383.3% in the 2nd quarter. Jane Street Group LLC now owns 51,304 shares of the company’s stock worth $2,392,000 after acquiring an additional 40,689 shares during the period. Susquehanna International Group LLP bought a new stake in Morgan Stanley Pathway Small-Mid Cap Equity ETF during the third quarter valued at about $760,000. Fifth Third Bancorp acquired a new stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF in the first quarter valued at about $625,000. Northwestern Mutual Wealth Management Co. grew its position in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF by 1,691.0% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,200 shares of the company’s stock valued at $56,000 after purchasing an additional 1,133 shares during the last quarter. Finally, Royal Bank of Canada bought a new position in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF in the first quarter worth about $39,000.

About Morgan Stanley Pathway Small-Mid Cap Equity ETF

The Morgan Stanley Pathway Small-Mid Cap Equity ETF (MSSM) is an exchange-traded fund that mostly invests in extended market equity. The fund seeks capital appreciation through an actively managed portfolio of US mid- and small-cap equity securities. The fund utilizes a multi-manager strategy in constructing the portfolio. MSSM was launched on Nov 18, 1991 and is issued by Morgan Stanley.