Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) Short Interest Down 95.3% in July

Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 886 shares, a decline of 95.3% from the June 30th total of 18,724 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 46,031 shares, the days-to-cover ratio is currently 0.0 days.

Morgan Stanley Pathway Small-Mid Cap Equity ETF Price Performance

NYSEARCA MSSM traded up $0.01 during trading hours on Friday, hitting $59.32. 9,353 shares of the company’s stock traded hands, compared to its average volume of 26,118. The company has a market capitalization of $711.84 million, a PE ratio of 18.16 and a beta of 0.98. Morgan Stanley Pathway Small-Mid Cap Equity ETF has a 52-week low of $46.15 and a 52-week high of $62.00. The firm’s 50-day moving average is $59.70 and its 200-day moving average is $56.20.

Institutional Investors Weigh In On Morgan Stanley Pathway Small-Mid Cap Equity ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Royal Bank of Canada acquired a new position in Morgan Stanley Pathway Small-Mid Cap Equity ETF during the first quarter worth $39,000. Northwestern Mutual Wealth Management Co. grew its holdings in Morgan Stanley Pathway Small-Mid Cap Equity ETF by 803.2% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 849 shares of the company’s stock valued at $43,000 after buying an additional 755 shares in the last quarter. Jane Street Group LLC acquired a new stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF in the 1st quarter worth $458,000. Fifth Third Bancorp acquired a new stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF in the 1st quarter worth $625,000. Finally, Susquehanna International Group LLP purchased a new position in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF during the 3rd quarter worth $760,000.

About Morgan Stanley Pathway Small-Mid Cap Equity ETF

The Morgan Stanley Pathway Small-Mid Cap Equity ETF (MSSM) is an exchange-traded fund that mostly invests in extended market equity. The fund seeks capital appreciation through an actively managed portfolio of US mid- and small-cap equity securities. The fund utilizes a multi-manager strategy in constructing the portfolio. MSSM was launched on Nov 18, 1991 and is issued by Morgan Stanley.