NYLI Mackay Securitized Income ETF (NYSEARCA:SECR) Short Interest Down 28.7% in January

NYLI Mackay Securitized Income ETF (NYSEARCA:SECR) saw a significant drop in short interest in the month of January. As of January 15th, there was short interest totaling 4,281 shares, a drop of 28.7% from the December 31st total of 6,006 shares. Based on an average daily volume of 2,051 shares, the days-to-cover ratio is presently 2.1 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 2,051 shares, the days-to-cover ratio is presently 2.1 days.

NYLI Mackay Securitized Income ETF Price Performance

Shares of SECR stock traded down $0.09 on Friday, hitting $25.79. The stock had a trading volume of 1,412 shares, compared to its average volume of 13,696. The stock’s 50 day moving average is $25.97 and its 200-day moving average is $26.06. NYLI Mackay Securitized Income ETF has a 52-week low of $25.52 and a 52-week high of $26.53.

NYLI Mackay Securitized Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which will be paid on Tuesday, February 3rd. Shareholders of record on Friday, January 30th will be paid a dividend of $0.0793 per share. The ex-dividend date is Friday, January 30th. This represents a c) annualized dividend and a yield of 3.7%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in SECR. New York Life Investment Management LLC grew its position in NYLI Mackay Securitized Income ETF by 1.9% during the 2nd quarter. New York Life Investment Management LLC now owns 4,728,931 shares of the company’s stock worth $123,640,000 after purchasing an additional 90,399 shares in the last quarter. Envestnet Asset Management Inc. bought a new position in shares of NYLI Mackay Securitized Income ETF during the 3rd quarter worth about $2,953,000. Prosperity Financial Group Inc. increased its position in shares of NYLI Mackay Securitized Income ETF by 15.6% during the 4th quarter. Prosperity Financial Group Inc. now owns 23,996 shares of the company’s stock worth $617,000 after purchasing an additional 3,237 shares in the last quarter. Citadel Advisors LLC bought a new position in shares of NYLI Mackay Securitized Income ETF in the third quarter valued at approximately $546,000. Finally, Advyzon Investment Management LLC bought a new stake in shares of NYLI Mackay Securitized Income ETF during the second quarter worth $361,000.

NYLI Mackay Securitized Income ETF Company Profile

The NYLI MacKay Securitized Income ETF (SECR) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed, broad portfolio of securitized US fixed income securities. It seeks total return and current income. SECR was launched on May 31, 2024 and is issued by New York Life Investments.