NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) Sees Large Decrease in Short Interest
by Scott Moore · The Cerbat GemNYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM – Get Free Report) saw a significant decrease in short interest during the month of March. As of March 31st, there was short interest totaling 4,547 shares, a decrease of 98.7% from the March 15th total of 354,667 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,744 shares, the days-to-cover ratio is presently 2.6 days.
Institutional Trading of NYLI Candriam U.S. Mid Cap Equity ETF
An institutional investor recently bought a new position in NYLI Candriam U.S. Mid Cap Equity ETF stock. Rossby Financial LCC acquired a new stake in shares of NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM – Free Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,259 shares of the company’s stock, valued at approximately $111,000. Rossby Financial LCC owned about 0.05% of NYLI Candriam U.S. Mid Cap Equity ETF as of its most recent filing with the Securities and Exchange Commission (SEC).
NYLI Candriam U.S. Mid Cap Equity ETF Price Performance
NYLI Candriam U.S. Mid Cap Equity ETF stock traded down $0.24 during mid-day trading on Friday, reaching $35.83. 1,178 shares of the stock traded hands, compared to its average volume of 39,278. The stock has a market capitalization of $286.64 million, a PE ratio of 20.02 and a beta of 1.16. NYLI Candriam U.S. Mid Cap Equity ETF has a 12-month low of $27.80 and a 12-month high of $37.14. The business’s 50-day moving average is $35.71 and its 200-day moving average is $35.01.
NYLI Candriam U.S. Mid Cap Equity ETF Company Profile
The Iq Candriam ESG U.S. Mid Cap Equity ETF (IQSM) is an exchange-traded fund that is based on the IQ Candriam ESG U.S. Mid Cap Equity index. The fund tracks a market cap-weighted index that provides exposure to US mid-cap stocks that meet environmental, social, and corporate governance criteria. IQSM was launched on Oct 25, 2022 and is managed by IndexIQ.