Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) Sees Large Growth in Short Interest

Morgan Stanley Pathway Small-Mid Cap Equity ETF (NYSEARCA:MSSM) was the target of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 4,392 shares, an increase of 264.5% from the July 30th total of 1,205 shares. Based on an average daily volume of 11,803 shares, the short-interest ratio is presently 0.4 days. Approximately 0.0% of the company’s shares are sold short.

Morgan Stanley Pathway Small-Mid Cap Equity ETF Stock Performance

Morgan Stanley Pathway Small-Mid Cap Equity ETF stock opened at $59.92 on Friday. Morgan Stanley Pathway Small-Mid Cap Equity ETF has a 52 week low of $48.51 and a 52 week high of $62.08. The firm has a market capitalization of $716.04 million, a price-to-earnings ratio of 18.16 and a beta of 1.01. The company has a 50 day moving average price of $60.49 and a 200 day moving average price of $57.38.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Fifth Third Bancorp acquired a new stake in Morgan Stanley Pathway Small-Mid Cap Equity ETF during the 1st quarter worth about $625,000. Jane Street Group LLC increased its holdings in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF by 383.3% in the 2nd quarter. Jane Street Group LLC now owns 51,304 shares of the company’s stock valued at $2,392,000 after purchasing an additional 40,689 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of 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 purchasing an additional 755 shares during the period. Susquehanna International Group LLP purchased a new stake in Morgan Stanley Pathway Small-Mid Cap Equity ETF in the 3rd quarter worth approximately $760,000. Finally, Royal Bank of Canada acquired a new stake in shares of Morgan Stanley Pathway Small-Mid Cap Equity ETF during the 1st quarter valued at $39,000.

Morgan Stanley Pathway Small-Mid Cap Equity ETF Company Profile

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.