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

NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSMGet Free Report) saw a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 3,113 shares, a decline of 42.1% from the January 29th total of 5,372 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,505 shares, the days-to-cover ratio is currently 2.1 days. Based on an average daily trading volume, of 1,505 shares, the days-to-cover ratio is currently 2.1 days. Currently, 0.0% of the company’s shares are sold short.

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

A number of institutional investors and hedge funds have recently made changes to their positions in IQSM. Seeds Investor LLC grew its position 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 valued at $2,483,000 after acquiring an additional 27,575 shares during the period. Susquehanna International Group LLP purchased a new stake in shares of NYLI Candriam U.S. Mid Cap Equity ETF during the 3rd quarter worth about $347,000. Finally, Rossby Financial LCC purchased a new stake in shares of NYLI Candriam U.S. Mid Cap Equity ETF during the 3rd quarter worth about $111,000.

NYLI Candriam U.S. Mid Cap Equity ETF Stock Down 0.8%

Shares of IQSM traded down $0.31 during mid-day trading on Friday, hitting $36.80. The company had a trading volume of 1,079 shares, compared to its average volume of 45,451. NYLI Candriam U.S. Mid Cap Equity ETF has a 1-year low of $26.78 and a 1-year high of $37.14. The business’s 50-day simple moving average is $36.10 and its 200-day simple moving average is $34.78. The stock has a market cap of $235.52 million, a PE ratio of 20.02 and a beta of 1.21.

About NYLI Candriam U.S. Mid Cap Equity ETF

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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.

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