NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) Sees Large Decrease in Short Interest

NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) saw a significant drop in short interest in the month of June. As of June 30th, there was short interest totaling 1 shares, a drop of 83.3% from the June 15th total of 6 shares. Based on an average trading volume of 94 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the stock are sold short.

NYLI Global Equity R&D Leaders ETF Stock Performance

NYLI Global Equity R&D Leaders ETF stock traded up $0.05 during midday trading on Friday, reaching $42.06. 165 shares of the stock were exchanged, compared to its average volume of 695. NYLI Global Equity R&D Leaders ETF has a 52 week low of $32.56 and a 52 week high of $43.75. The company’s fifty day moving average is $41.91 and its 200-day moving average is $39.39. The firm has a market cap of $12.62 million, a PE ratio of 16.77 and a beta of 1.00.

NYLI Global Equity R&D Leaders ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 30th were issued a dividend of $0.1391 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This is a positive change from NYLI Global Equity R&D Leaders ETF’s previous quarterly dividend of $0.05. This represents a $0.56 annualized dividend and a dividend yield of 1.3%.

Institutional Investors Weigh In On NYLI Global Equity R&D Leaders ETF

A hedge fund recently raised its stake in NYLI Global Equity R&D Leaders ETF stock. Jane Street Group LLC raised its stake in shares of NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) by 6.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,059 shares of the company’s stock after purchasing an additional 1,099 shares during the quarter. Jane Street Group LLC owned 8.21% of NYLI Global Equity R&D Leaders ETF worth $533,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About NYLI Global Equity R&D Leaders ETF

The IQ Global Equity R&D Leaders ETF (WRND) is an exchange-traded fund that is based on the IQ Global Equity R&D Leaders index. The fund tracks an index that seeks to provide exposure to global large- and mid-cap companies that have high research and development spending, and attractive future growth potential. WRND was launched on Feb 8, 2022 and is managed by IndexIQ.