Short Interest in NYLI Candriam International Equity ETF (NYSEARCA:IQSI) Decreases By 99.5%

NYLI Candriam International Equity ETF (NYSEARCA:IQSI) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 1,015 shares, a drop of 99.5% from the May 14th total of 184,770 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 65,570 shares, the short-interest ratio is presently 0.0 days.

NYLI Candriam International Equity ETF Price Performance

NYSEARCA:IQSI traded down $0.19 during mid-day trading on Thursday, reaching $37.52. The stock had a trading volume of 272 shares, compared to its average volume of 16,874. The company has a market capitalization of $240.13 million, a price-to-earnings ratio of 17.66 and a beta of 0.81. NYLI Candriam International Equity ETF has a 1-year low of $31.41 and a 1-year high of $39.04. The stock’s 50 day simple moving average is $37.39 and its two-hundred day simple moving average is $36.54.

Hedge Funds Weigh In On NYLI Candriam International Equity ETF

Hedge funds have recently bought and sold shares of the company. Envestnet Asset Management Inc. grew its stake in NYLI Candriam International Equity ETF by 65.4% in the third quarter. Envestnet Asset Management Inc. now owns 147,447 shares of the company’s stock worth $5,018,000 after purchasing an additional 58,277 shares in the last quarter. New York Life Investment Management LLC grew its stake in NYLI Candriam International Equity ETF by 1.4% in the third quarter. New York Life Investment Management LLC now owns 5,046,991 shares of the company’s stock worth $171,769,000 after purchasing an additional 71,242 shares in the last quarter. Rossby Financial LCC acquired a new position in NYLI Candriam International Equity ETF in the third quarter worth about $307,000. Golden State Wealth Management LLC grew its stake in NYLI Candriam International Equity ETF by 109.3% in the fourth quarter. Golden State Wealth Management LLC now owns 11,152 shares of the company’s stock worth $392,000 after purchasing an additional 5,824 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in NYLI Candriam International Equity ETF in the fourth quarter worth about $430,000.

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.