NYLIM MacKay High Income ETF (NYSEARCA:IQHI) Stock Short Interest Jumps 225.6%

NYLIM MacKay High Income ETF (NYSEARCA:IQHI) was the recipient of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,188 shares, an increase of 225.6% from the September 15th total of 672 shares. Based on an average daily volume of 3,358 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.0% of the company’s shares are sold short.

NYLIM MacKay High Income ETF Stock Performance

Shares of NYSEARCA IQHI opened at $25.11 on Wednesday. NYLIM MacKay High Income ETF has a 52-week low of $25.00 and a 52-week high of $27.40. The company’s 50 day moving average price is $25.61 and its 200-day moving average price is $25.81.

About NYLIM MacKay High Income ETF

The IQ MacKay ESG High Income ETF (IQHI) is an exchange-traded fund that is based on the Bloomberg VLI High Yield index. The fund is an actively managed fund that provides broad exposure to high-yield corporate bonds of various maturities from around the world that meet environmental, social, and corporate governance criteria. IQHI was launched on Oct 25, 2022 and is managed by IndexIQ.