Short Interest in NYLI Candriam International Equity ETF (NYSEARCA:IQSI) Increases By 195.0%

NYLI Candriam International Equity ETF (NYSEARCA:IQSI) saw a significant growth in short interest in August. As of August 14th, there was short interest totaling 3,841 shares, a growth of 195.0% from the July 30th total of 1,302 shares. Based on an average daily volume of 1,708 shares, the days-to-cover ratio is currently 2.2 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Trading of NYLI Candriam International Equity ETF

Institutional investors and hedge funds have recently made changes to their positions in the stock. Orion Porfolio Solutions LLC increased its position in shares of NYLI Candriam International Equity ETF by 301.9% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 175,393 shares of the company’s stock valued at $5,823,000 after purchasing an additional 131,752 shares during the last quarter. Bank of America Corp DE bought a new stake in NYLI Candriam International Equity ETF in the 2nd quarter worth approximately $1,990,000. Ascentis Independent Advisors purchased a new stake in NYLI Candriam International Equity ETF in the first quarter worth approximately $1,863,000. Jane Street Group LLC bought a new position in NYLI Candriam International Equity ETF during the first quarter valued at approximately $1,093,000. Finally, Focus Partners Wealth grew its position in NYLI Candriam International Equity ETF by 52.3% during the third quarter. Focus Partners Wealth now owns 58,309 shares of the company’s stock valued at $2,003,000 after acquiring an additional 20,024 shares during the last quarter.

NYLI Candriam International Equity ETF Stock Down 0.0%

Shares of IQSI stock traded down $0.01 during trading on Thursday, hitting $39.40. The company had a trading volume of 1,823 shares, compared to its average volume of 15,663. The stock’s 50-day moving average is $38.50 and its two-hundred day moving average is $37.68. The stock has a market capitalization of $275.80 million, a price-to-earnings ratio of 17.66 and a beta of 0.81. NYLI Candriam International Equity ETF has a 52 week low of $33.10 and a 52 week high of $39.63.

NYLI Candriam International Equity ETF Company Profile

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.