NYLIM Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) Sees Significant Drop in Short Interest

NYLIM Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 108 shares, a decrease of 97.5% from the September 30th total of 4,340 shares. Based on an average daily trading volume, of 28,336 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are sold short.

NYLIM Candriam U.S. Mid Cap Equity ETF Trading Up 0.4%

Shares of IQSM traded up $0.16 during midday trading on Monday, hitting $38.89. The stock had a trading volume of 4,667 shares, compared to its average volume of 27,557. The business has a 50-day simple moving average of $39.40 and a two-hundred day simple moving average of $37.88. The firm has a market cap of $373.34 million, a P/E ratio of 20.02 and a beta of 1.07. NYLIM Candriam U.S. Mid Cap Equity ETF has a fifty-two week low of $32.77 and a fifty-two week high of $40.88.

NYLIM 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.