NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) Short Interest Down 17.4% in December

NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) was the recipient of a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 6,262 shares, a decrease of 17.4% from the November 30th total of 7,580 shares. Based on an average daily volume of 10,786 shares, the short-interest ratio is presently 0.6 days. Currently, 0.1% of the company’s stock are sold short. Currently, 0.1% of the company’s stock are sold short. Based on an average daily volume of 10,786 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On NYLI Candriam U.S. Mid Cap Equity ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. Seeds Investor LLC grew its stake in NYLI Candriam U.S. Mid Cap Equity ETF by 55.8% during the second quarter. Seeds Investor LLC now owns 77,010 shares of the company’s stock worth $2,483,000 after buying an additional 27,575 shares in the last quarter. Susquehanna International Group LLP bought a new stake in shares of NYLI Candriam U.S. Mid Cap Equity ETF during the 3rd quarter worth approximately $347,000. Finally, Rossby Financial LCC acquired a new stake in shares of NYLI Candriam U.S. Mid Cap Equity ETF during the 3rd quarter worth approximately $111,000.

NYLI Candriam U.S. Mid Cap Equity ETF Stock Performance

IQSM traded down $0.36 during trading on Wednesday, reaching $34.62. 1,497 shares of the stock were exchanged, compared to its average volume of 7,009. The stock has a market cap of $214.64 million, a P/E ratio of 20.02 and a beta of 1.21. The stock’s 50 day moving average price is $34.37 and its two-hundred day moving average price is $33.70. NYLI Candriam U.S. Mid Cap Equity ETF has a twelve month low of $26.78 and a twelve month high of $35.44.

About NYLI Candriam U.S. Mid Cap Equity ETF

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.