NYLIM U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND) Stock Short Interest Report for September

NYLIM U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND) was the target of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 1,450 shares, a decrease of 66.4% from the September 15th total of 4,320 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 1,611 shares, the short-interest ratio is presently 0.9 days.

NYLIM U.S. Large Cap R&D Leaders ETF Stock Performance

LRND stock traded up $0.05 during midday trading on Monday, hitting $48.86. 812 shares of the stock were exchanged, compared to its average volume of 47,813. The stock’s 50-day moving average price is $46.99 and its 200-day moving average price is $44.33. The stock has a market cap of $469.06 million, a price-to-earnings ratio of 23.74 and a beta of 1.10. NYLIM U.S. Large Cap R&D Leaders ETF has a fifty-two week low of $35.87 and a fifty-two week high of $49.31.

NYLIM U.S. Large Cap R&D Leaders ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 2nd. Stockholders of record on Wednesday, September 30th were given a $0.0439 dividend. This is a decrease from NYLIM U.S. Large Cap R&D Leaders ETF’s previous quarterly dividend of $0.0456. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Wednesday, September 30th.

About NYLIM U.S. Large Cap R&D Leaders ETF

The IQ U.S. Large Cap R&D Leaders ETF (LRND) is an exchange-traded fund that is based on the IQ U.S. Large Cap R&D Leaders index. The fund tracks an index of 100 large-cap US companies selected and weighted based on the most recently reported one year research and development (R&D) spending. LRND was launched on Feb 8, 2022 and is managed by IndexIQ.