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 growth in short interest in the month of July. As of July 15th, there was short interest totaling 508 shares, a growth of 3,075.0% from the June 30th total of 16 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 774 shares, the short-interest ratio is presently 0.7 days.

Madison Short Term Strategic Income ETF Stock Up 0.2%

Shares of MSTI opened at $20.17 on Friday. Madison Short Term Strategic Income ETF has a 12 month low of $20.13 and a 12 month high of $20.83. The firm’s 50 day moving average is $20.26 and its 200-day moving average is $20.40.

Hedge Funds Weigh In On Madison Short Term Strategic Income ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC lifted its position in shares of Madison Short Term Strategic Income ETF by 19.5% during the 4th quarter. Jane Street Group LLC now owns 35,631 shares of the company’s stock valued at $731,000 after acquiring an additional 5,818 shares during the period. Royal Bank of Canada raised its stake in 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 in the last quarter. Finally, Tidal Investments LLC lifted its position in Madison Short Term Strategic Income ETF by 9.4% during the third quarter. Tidal Investments LLC now owns 139,248 shares of the company’s stock worth $2,875,000 after purchasing an additional 11,915 shares during the period.

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.