Short Interest in NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) Drops By 42.1%

NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSMGet Free Report) was the recipient of a significant drop in short interest in the month of February. As of February 13th, there was short interest totaling 3,113 shares, a drop of 42.1% from the January 29th total of 5,372 shares. Based on an average trading volume of 1,505 shares, the short-interest ratio is presently 2.1 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,505 shares, the short-interest ratio is presently 2.1 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Seeds Investor LLC increased its position in shares of NYLI Candriam U.S. Mid Cap Equity ETF by 55.8% during the second quarter. Seeds Investor LLC now owns 77,010 shares of the company’s stock worth $2,483,000 after acquiring an additional 27,575 shares in the last quarter. Susquehanna International Group LLP acquired a new position in NYLI Candriam U.S. Mid Cap Equity ETF during the 3rd quarter valued at about $347,000. Finally, Rossby Financial LCC bought a new stake in NYLI Candriam U.S. Mid Cap Equity ETF during the 3rd quarter worth approximately $111,000.

NYLI Candriam U.S. Mid Cap Equity ETF Price Performance

Shares of NYSEARCA:IQSM traded up $0.19 during trading on Monday, reaching $36.99. 173 shares of the stock were exchanged, compared to its average volume of 44,317. NYLI Candriam U.S. Mid Cap Equity ETF has a 1-year low of $26.78 and a 1-year high of $37.14. The stock has a fifty day moving average of $36.13 and a two-hundred day moving average of $34.81. The firm has a market cap of $236.74 million, a price-to-earnings ratio of 20.02 and a beta of 1.21.

About NYLI Candriam U.S. Mid Cap Equity ETF

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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.

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