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

Madison Short Term Strategic Income ETF (NYSEARCA:MSTI) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totaling 1,926 shares, a decrease of 29.9% from the November 30th total of 2,749 shares. Based on an average trading volume of 9,711 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold. Approximately 0.1% of the shares of the company are short sold. Based on an average trading volume of 9,711 shares, the short-interest ratio is presently 0.2 days.

Madison Short Term Strategic Income ETF Stock Performance

Madison Short Term Strategic Income ETF stock remained flat at $20.50 during trading on Monday. The company had a trading volume of 2,824 shares, compared to its average volume of 2,432. The company’s 50-day moving average price is $20.66 and its 200 day moving average price is $20.65. Madison Short Term Strategic Income ETF has a fifty-two week low of $20.23 and a fifty-two week high of $20.83.

Hedge Funds Weigh In On Madison Short Term Strategic Income ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. 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 purchasing an additional 5,992 shares during the period. Jane Street Group LLC boosted its holdings in shares of Madison Short Term Strategic Income ETF by 91.0% in the first quarter. Jane Street Group LLC now owns 23,413 shares of the company’s stock worth $480,000 after acquiring an additional 11,156 shares during the period. Tidal Investments LLC raised its stake in shares of Madison Short Term Strategic Income ETF by 342.3% during the 2nd quarter. Tidal Investments LLC now owns 127,333 shares of the company’s stock valued at $2,626,000 after purchasing an additional 98,541 shares during the period. Finally, Centric Wealth Management lifted its holdings in Madison Short Term Strategic Income ETF by 5.3% during the 3rd quarter. Centric Wealth Management now owns 50,728 shares of the company’s stock worth $1,046,000 after purchasing an additional 2,570 shares in the last quarter.

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.