NYLI Candriam International Equity ETF (NYSEARCA:IQSI) Sees Large Increase in Short Interest

NYLI Candriam International Equity ETF (NYSEARCA:IQSI) saw a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 184,770 shares, an increase of 20,475.7% from the April 30th total of 898 shares. Approximately 2.9% of the company’s shares are sold short. Based on an average daily volume of 18,263 shares, the days-to-cover ratio is presently 10.1 days.

Institutional Trading of NYLI Candriam International Equity ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Osaic Holdings Inc. raised its position in NYLI Candriam International Equity ETF by 10,420.0% in the second quarter. Osaic Holdings Inc. now owns 3,156 shares of the company’s stock valued at $105,000 after purchasing an additional 3,126 shares during the period. Kestra Advisory Services LLC purchased a new stake in NYLI Candriam International Equity ETF in the fourth quarter valued at approximately $126,000. NewEdge Advisors LLC purchased a new stake in NYLI Candriam International Equity ETF in the first quarter valued at approximately $176,000. Flow Traders U.S. LLC purchased a new stake in NYLI Candriam International Equity ETF in the third quarter valued at approximately $306,000. Finally, Rossby Financial LCC purchased a new stake in NYLI Candriam International Equity ETF in the third quarter valued at approximately $307,000.

NYLI Candriam International Equity ETF Stock Down 0.1%

Shares of NYSEARCA IQSI opened at $38.25 on Friday. The firm has a market cap of $244.80 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 $31.41 and a 52-week high of $39.04. The business’s 50 day moving average is $36.79 and its two-hundred day moving average is $36.30.

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.