NYLIM MacKay High Income ETF (NYSEARCA:IQHI) Stock Short Interest Rises 188.4%

NYLIM MacKay High Income ETF (NYSEARCA:IQHI) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 672 shares, an increase of 188.4% from the August 31st total of 233 shares. Based on an average daily trading volume, of 8,683 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

NYLIM MacKay High Income ETF Price Performance

NYSEARCA:IQHI traded up $0.10 during trading hours on Friday, hitting $25.43. 17,065 shares of the company traded hands, compared to its average volume of 9,965. NYLIM MacKay High Income ETF has a one year low of $25.15 and a one year high of $27.40. The firm’s 50-day simple moving average is $25.78 and its 200-day simple moving average is $25.87.

NYLIM MacKay High Income ETF Company Profile

The IQ MacKay ESG High Income ETF (IQHI) is an exchange-traded fund that is based on the Bloomberg VLI High Yield index. The fund is an actively managed fund that provides broad exposure to high-yield corporate bonds of various maturities from around the world that meet environmental, social, and corporate governance criteria. IQHI was launched on Oct 25, 2022 and is managed by IndexIQ.