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NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD - Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 13,900 shares, a growth of 327.2% from the September 15th total of 3,254 shares. Based on an average daily trading
NYLIM MacKay Muni Short Duration ETF (NYSEARCA:MMSD - Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 3,254 shares, a drop of 60.6% from the August 31st total of 8,255 shares. Based on an average daily volume
NEW YORK--(BUSINESS WIRE)--New York Life Investments is announcing today the launch of its newest ETF, the NYLI MacKay Muni Short Duration ETF (NYSE: MMSD), an actively managed municipal bond ETF designed to provide attractive, tax-exempt income through a flexible short-duration strategy. MMSD primarily invests in high quality, short-term municipal bonds with a target duration of 1-3 years. The Fund may allocate up to 20% of its assets to non-investment grade municipal securities, allowing for.