NYLI Candriam International Equity ETF (NYSEARCA:IQSI) Sees Significant Decline in Short Interest

NYLI Candriam International Equity ETF (NYSEARCA:IQSI) saw a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 822 shares, a decline of 28.2% from the December 31st total of 1,145 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 3,209 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 3,209 shares, the short-interest ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Investors Weigh In On NYLI Candriam International Equity ETF

Several institutional investors and hedge funds have recently made changes to their positions in IQSI. Orion Porfolio Solutions LLC raised its position in shares of NYLI Candriam International Equity ETF by 301.9% during the second quarter. Orion Porfolio Solutions LLC now owns 175,393 shares of the company’s stock worth $5,823,000 after acquiring an additional 131,752 shares during the last quarter. New York Life Investment Management LLC increased its position in NYLI Candriam International Equity ETF by 1.4% during the 3rd quarter. New York Life Investment Management LLC now owns 5,046,991 shares of the company’s stock valued at $171,769,000 after purchasing an additional 71,242 shares during the period. Bank of America Corp DE acquired a new stake in NYLI Candriam International Equity ETF during the 2nd quarter valued at approximately $1,990,000. Envestnet Asset Management Inc. raised its holdings in NYLI Candriam International Equity ETF by 65.4% during the 3rd 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 during the last quarter. Finally, Seeds Investor LLC lifted its position in shares of NYLI Candriam International Equity ETF by 50.4% in the 2nd quarter. Seeds Investor LLC now owns 109,597 shares of the company’s stock worth $3,639,000 after purchasing an additional 36,725 shares during the period.

NYLI Candriam International Equity ETF Stock Down 0.9%

Shares of NYLI Candriam International Equity ETF stock opened at $36.81 on Friday. The stock has a market cap of $224.54 million, a price-to-earnings ratio of 17.66 and a beta of 0.87. NYLI Candriam International Equity ETF has a twelve month low of $26.30 and a twelve month high of $37.35. The company’s fifty day moving average is $35.48 and its 200 day moving average is $34.43.

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.