NYLI Winslow Focused Large Cap Growth ETF (NYSEARCA:IWFG) Sees Significant Growth in Short Interest

NYLI Winslow Focused Large Cap Growth ETF (NYSEARCA:IWFG) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,879 shares, an increase of ∞ from the April 30th total of 0 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average daily trading volume, of 8,686 shares, the days-to-cover ratio is presently 0.4 days.

NYLI Winslow Focused Large Cap Growth ETF Price Performance

NYSEARCA IWFG traded up $0.40 on Monday, hitting $55.55. 20,567 shares of the stock were exchanged, compared to its average volume of 1,646. NYLI Winslow Focused Large Cap Growth ETF has a 52-week low of $44.81 and a 52-week high of $56.28. The company has a market capitalization of $61.11 million, a price-to-earnings ratio of 43.64 and a beta of 1.15. The company’s 50-day moving average price is $50.99 and its two-hundred day moving average price is $51.57.

NYLI Winslow Focused Large Cap Growth ETF Company Profile

The IQ Winslow Focused Large Cap Growth ETF (IWFG) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed, non-transparent fund that seeks long-term capital appreciation by targeting US large-cap growth companies. It limits the number of its holdings, selecting only the top growth stocks using a bottom-up investment approach IWFG was launched on Jun 23, 2022 and is managed by IndexIQ.