NYLI Mackay Securitized Income ETF (NYSEARCA:SECR) Sees Significant Drop in Short Interest
by Scott Moore · The Cerbat GemNYLI Mackay Securitized Income ETF (NYSEARCA:SECR – Get Free Report) was the target of a large decline in short interest during the month of December. As of December 31st, there was short interest totaling 6,006 shares, a decline of 83.3% from the December 15th total of 35,867 shares. Based on an average daily volume of 1,779 shares, the short-interest ratio is presently 3.4 days. Approximately 0.1% of the company’s stock are short sold. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 1,779 shares, the short-interest ratio is presently 3.4 days.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the company. Prosperity Financial Group Inc. bought a new stake in NYLI Mackay Securitized Income ETF during the second quarter valued at about $206,000. Jane Street Group LLC bought a new position in shares of NYLI Mackay Securitized Income ETF in the first quarter worth about $262,000. Advyzon Investment Management LLC acquired a new position in shares of NYLI Mackay Securitized Income ETF during the 2nd quarter worth about $361,000. Citadel Advisors LLC bought a new stake in NYLI Mackay Securitized Income ETF during the 3rd quarter valued at approximately $546,000. Finally, Envestnet Asset Management Inc. bought a new stake in NYLI Mackay Securitized Income ETF during the 3rd quarter valued at approximately $2,953,000.
NYLI Mackay Securitized Income ETF Price Performance
NYSEARCA SECR traded down $0.03 during trading on Monday, hitting $25.83. 1,217 shares of the company traded hands, compared to its average volume of 2,688. The business has a fifty day simple moving average of $26.05 and a 200 day simple moving average of $26.06. NYLI Mackay Securitized Income ETF has a 12 month low of $25.21 and a 12 month high of $26.53.
NYLI Mackay Securitized Income ETF Company Profile
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.