Madison Short Term Strategic Income ETF (NYSEARCA:MSTI – Get Free Report) was the recipient of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 16 shares, a drop of 94.9% from the September 15th total of 311 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 1,448 shares, the days-to-cover ratio is currently 0.0 days.
Madison Short Term Strategic Income ETF Price Performance
Shares of NYSEARCA:MSTI remained flat at $19.82 during midday trading on Friday. 1,362 shares of the stock traded hands, compared to its average volume of 4,658. Madison Short Term Strategic Income ETF has a one year low of $19.60 and a one year high of $20.81. The business’s 50 day moving average price is $20.02 and its 200 day moving average price is $20.21.
Institutional Trading of Madison Short Term Strategic Income ETF
An institutional investor recently raised its position in Madison Short Term Strategic Income ETF stock. ZEGA Investments LLC raised its stake in Madison Short Term Strategic Income ETF (NYSEARCA:MSTI – Free Report) by 22.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 76,992 shares of the company’s stock after purchasing an additional 14,002 shares during the quarter. ZEGA Investments LLC owned 3.18% of Madison Short Term Strategic Income ETF worth $1,559,000 as of its most recent filing with the Securities & Exchange Commission.
About Madison Short Term Strategic Income ETF
The Madison Short Term Strategic Income ETF (MSTI) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is actively managed, seeking to generate a high level of income by investing in a diversified portfolio of US debt securities. The fund aims to maintain an average portfolio duration of 3.5 years or less MSTI was launched on Sep 5, 2023 and is issued by Madison.
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