Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) Short Interest Update

Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totaling 2,376 shares, an increase of 23.4% from the December 15th total of 1,926 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 3,804 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 3,804 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Madison Short Term Strategic Income ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Tidal Investments LLC increased its position in Madison Short Term Strategic Income ETF by 342.3% during the second quarter. Tidal Investments LLC now owns 127,333 shares of the company’s stock worth $2,626,000 after acquiring an additional 98,541 shares during the period. Jane Street Group LLC increased its holdings in shares of Madison Short Term Strategic Income ETF by 91.0% during the first quarter. Jane Street Group LLC now owns 23,413 shares of the company’s stock worth $480,000 after purchasing an additional 11,156 shares during the period. Royal Bank of Canada raised its position in shares of Madison Short Term Strategic Income ETF by 74.5% in the first quarter. Royal Bank of Canada now owns 14,031 shares of the company’s stock valued at $288,000 after buying an additional 5,992 shares in the last quarter. Finally, Centric Wealth Management boosted its stake in shares of Madison Short Term Strategic Income ETF by 5.3% in the third quarter. Centric Wealth Management now owns 50,728 shares of the company’s stock valued at $1,046,000 after buying an additional 2,570 shares during the period.

Madison Short Term Strategic Income ETF Trading Down 0.0%

Madison Short Term Strategic Income ETF stock opened at $20.51 on Tuesday. Madison Short Term Strategic Income ETF has a 52 week low of $20.28 and a 52 week high of $20.83. The stock has a 50-day simple moving average of $20.61 and a 200 day simple moving average of $20.64.

Madison Short Term Strategic Income ETF Company Profile

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.