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

NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 354,667 shares, an increase of 7,676.1% from the February 26th total of 4,561 shares. Based on an average daily volume of 38,201 shares, the short-interest ratio is presently 9.3 days. Approximately 5.5% of the company’s stock are short sold. Approximately 5.5% of the company’s stock are short sold. Based on an average daily volume of 38,201 shares, the short-interest ratio is presently 9.3 days.

Institutional Trading of NYLI Candriam U.S. Mid Cap Equity ETF

A hedge fund recently bought a new stake in NYLI Candriam U.S. Mid Cap Equity ETF stock. Rossby Financial LCC acquired a new position in shares of NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 3,259 shares of the company’s stock, valued at approximately $111,000. Rossby Financial LCC owned approximately 0.05% of NYLI Candriam U.S. Mid Cap Equity ETF at the end of the most recent reporting period.

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

Shares of IQSM stock opened at $34.68 on Wednesday. The firm has a fifty day simple moving average of $36.04 and a 200-day simple moving average of $34.97. The company has a market capitalization of $221.95 million, a PE ratio of 20.02 and a beta of 1.21. NYLI Candriam U.S. Mid Cap Equity ETF has a twelve month low of $26.78 and a twelve month high of $37.14.

NYLI 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.