NYLI Mackay Securitized Income ETF (NYSEARCA:SECR) Short Interest Up 128.1% in January

NYLI Mackay Securitized Income ETF (NYSEARCA:SECR) saw a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 9,763 shares, an increase of 128.1% from the January 15th total of 4,281 shares. Based on an average trading volume of 25,449 shares, the short-interest ratio is currently 0.4 days. Currently, 0.2% of the shares of the company are short sold. Currently, 0.2% of the shares of the company are short sold. Based on an average trading volume of 25,449 shares, the short-interest ratio is currently 0.4 days.

NYLI Mackay Securitized Income ETF Price Performance

Shares of NYSEARCA SECR traded up $0.07 during trading hours on Friday, reaching $26.10. 1,512 shares of the stock were exchanged, compared to its average volume of 12,777. NYLI Mackay Securitized Income ETF has a 52 week low of $25.52 and a 52 week high of $26.53. The stock’s fifty day simple moving average is $25.91 and its 200 day simple moving average is $26.06.

NYLI Mackay Securitized Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, February 3rd. Stockholders of record on Friday, January 30th were given a dividend of $0.0793 per share. The ex-dividend date was Friday, January 30th. This represents a c) annualized dividend and a dividend yield of 3.6%.

Institutional Trading of NYLI Mackay Securitized Income ETF

Several hedge funds and other institutional investors have recently bought and sold shares of SECR. Advyzon Investment Management LLC purchased a new position in shares of NYLI Mackay Securitized Income ETF during the second quarter worth approximately $361,000. Prosperity Financial Group Inc. purchased a new stake in shares of NYLI Mackay Securitized Income ETF in the 2nd quarter valued at $206,000. New York Life Investment Management LLC grew its holdings in shares of 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 valued at $123,640,000 after purchasing an additional 90,399 shares during the last quarter. Envestnet Asset Management Inc. purchased a new position in NYLI Mackay Securitized Income ETF in the 3rd quarter worth $2,953,000. Finally, Mackay Shields LLC purchased a new position in NYLI Mackay Securitized Income ETF in the 4th quarter worth $287,000.

About NYLI Mackay Securitized Income ETF

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.