NYLI Candriam International Equity ETF (NYSEARCA:IQSI) Sees Large Increase in Short Interest

NYLI Candriam International Equity ETF (NYSEARCA:IQSI) saw a large increase in short interest in February. As of February 27th, there was short interest totaling 35,900 shares, an increase of 1,733.5% from the February 12th total of 1,958 shares. Based on an average daily trading volume, of 18,720 shares, the days-to-cover ratio is currently 1.9 days. Approximately 0.6% of the company’s stock are sold short. Approximately 0.6% of the company’s stock are sold short. Based on an average daily trading volume, of 18,720 shares, the days-to-cover ratio is currently 1.9 days.

Hedge Funds Weigh In On NYLI Candriam International Equity ETF

Hedge funds have recently added to or reduced their stakes in the business. Osaic Holdings Inc. lifted its holdings in shares of NYLI Candriam International Equity ETF by 10,420.0% during the second quarter. Osaic Holdings Inc. now owns 3,156 shares of the company’s stock valued at $105,000 after purchasing an additional 3,126 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of NYLI Candriam International Equity ETF during the 4th quarter worth about $126,000. NewEdge Advisors LLC acquired a new stake in NYLI Candriam International Equity ETF in the first quarter valued at approximately $176,000. Flow Traders U.S. LLC bought a new stake in NYLI Candriam International Equity ETF in the third quarter worth $306,000. Finally, Rossby Financial LCC acquired a new position in shares of NYLI Candriam International Equity ETF during the 3rd quarter valued at about $307,000.

NYLI Candriam International Equity ETF Price Performance

Shares of NYSEARCA:IQSI opened at $36.54 on Wednesday. NYLI Candriam International Equity ETF has a 12 month low of $26.30 and a 12 month high of $39.04. The firm has a market capitalization of $222.89 million, a PE ratio of 17.66 and a beta of 0.87. The business has a 50-day moving average of $37.04 and a two-hundred day moving average of $35.32.

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.