NYLIM Candriam International Equity ETF (NYSEARCA:IQSI) Stock Short Interest Rises 492.2%

NYLIM Candriam International Equity ETF (NYSEARCA:IQSI) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 26,359 shares, an increase of 492.2% from the August 31st total of 4,451 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 13,973 shares, the short-interest ratio is presently 1.9 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in NYLIM Candriam International Equity ETF stock. Ascentis Independent Advisors purchased a new stake in NYLIM Candriam International Equity ETF (NYSEARCA:IQSI) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 52,852 shares of the company’s stock, valued at approximately $1,863,000. Ascentis Independent Advisors owned 0.83% of NYLIM Candriam International Equity ETF as of its most recent SEC filing.

NYLIM Candriam International Equity ETF Stock Up 1.1%

Shares of IQSI stock opened at $38.42 on Friday. The firm has a 50 day moving average of $38.75 and a 200-day moving average of $37.79. The company has a market cap of $268.94 million, a price-to-earnings ratio of 17.66 and a beta of 0.81. NYLIM Candriam International Equity ETF has a 52 week low of $33.18 and a 52 week high of $39.63.

NYLIM 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.