NYLI Candriam International Equity ETF (NYSEARCA:IQSI) Sees Large Decrease in Short Interest
by Tristan Rich · The Markets DailyNYLI Candriam International Equity ETF (NYSEARCA:IQSI – Get Free Report) was the target of a significant decrease in short interest in the month of March. As of March 31st, there was short interest totaling 1,140 shares, a decrease of 99.6% from the March 15th total of 281,124 shares. Based on an average trading volume of 4,268 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s shares are short sold.
Institutional Investors Weigh In On NYLI Candriam International Equity ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the company. Kestra Advisory Services LLC purchased a new stake in shares of NYLI Candriam International Equity ETF in the fourth quarter valued at $126,000. Golden State Wealth Management LLC increased its stake in NYLI Candriam International Equity ETF by 109.3% in the 4th quarter. Golden State Wealth Management LLC now owns 11,152 shares of the company’s stock worth $392,000 after buying an additional 5,824 shares during the period. Jane Street Group LLC purchased a new position in NYLI Candriam International Equity ETF in the 4th quarter worth about $430,000. Paul R. Ried Financial Group LLC increased its stake in NYLI Candriam International Equity ETF by 8.1% in the 4th quarter. Paul R. Ried Financial Group LLC now owns 26,475 shares of the company’s stock worth $931,000 after buying an additional 1,980 shares during the period. Finally, KWB Wealth increased its stake in NYLI Candriam International Equity ETF by 23.7% in the 4th quarter. KWB Wealth now owns 11,437 shares of the company’s stock worth $402,000 after buying an additional 2,194 shares during the period.
NYLI Candriam International Equity ETF Price Performance
Shares of IQSI traded up $0.08 during midday trading on Friday, hitting $37.19. The stock had a trading volume of 3,384 shares, compared to its average volume of 12,941. NYLI Candriam International Equity ETF has a 1 year low of $28.89 and a 1 year high of $39.04. The firm has a market cap of $238.02 million, a PE ratio of 17.66 and a beta of 0.83. The stock’s 50 day moving average is $36.73 and its 200 day moving average is $35.56.
About NYLI Candriam International Equity ETF
The IQ Candriam ESG International Equity ETF (IQSI) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a proprietary index of developed-market stocks selected by ESG criteria and weighted by market-cap. IQSI was launched on Dec 17, 2019 and is managed by IndexIQ.