NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) Short Interest Up 7,676.1% in March

NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) was the target of a large growth in short interest in March. As of March 13th, there was short interest totaling 354,667 shares, a growth of 7,676.1% from the February 26th total of 4,561 shares. Based on an average daily volume of 38,201 shares, the days-to-cover ratio is currently 9.3 days. Approximately 5.5% of the company’s stock are sold short.

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

An institutional investor recently bought a new position in NYLI Candriam U.S. Mid Cap Equity ETF stock. Rossby Financial LCC acquired a new stake in NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 3,259 shares of the company’s stock, valued at approximately $111,000. Rossby Financial LCC owned about 0.05% of NYLI Candriam U.S. Mid Cap Equity ETF as of its most recent filing with the Securities and Exchange Commission.

NYLI Candriam U.S. Mid Cap Equity ETF Trading Up 0.8%

NYLI Candriam U.S. Mid Cap Equity ETF stock opened at $34.97 on Thursday. The company has a fifty day simple moving average of $36.02 and a 200-day simple moving average of $34.97. The stock has a market cap of $223.81 million, a P/E ratio of 20.02 and a beta of 1.21. NYLI Candriam U.S. Mid Cap Equity ETF has a 12-month low of $26.78 and a 12-month high of $37.14.

NYLI Candriam U.S. Mid Cap Equity ETF Company Profile

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.