NYLI Candriam International Equity ETF (NYSEARCA:IQSI) Sees Large Growth in Short Interest

NYLI Candriam International Equity ETF (NYSEARCA:IQSI) was the target of a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 184,770 shares, an increase of 20,475.7% from the April 30th total of 898 shares. Approximately 2.9% of the shares of the stock are short sold. Based on an average daily volume of 18,263 shares, the short-interest ratio is presently 10.1 days.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in IQSI. NewEdge Advisors LLC acquired a new position in NYLI Candriam International Equity ETF during the first quarter worth $176,000. Jane Street Group LLC purchased a new position in NYLI Candriam International Equity ETF in the first quarter valued at $1,093,000. Raymond James Financial Inc. increased its holdings in NYLI Candriam International Equity ETF by 10.0% in the second quarter. Raymond James Financial Inc. now owns 18,124 shares of the company’s stock valued at $602,000 after buying an additional 1,643 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of NYLI Candriam International Equity ETF during the second quarter worth about $1,990,000. Finally, Orion Porfolio Solutions LLC grew its holdings in shares of NYLI Candriam International Equity ETF by 301.9% during the second quarter. Orion Porfolio Solutions LLC now owns 175,393 shares of the company’s stock worth $5,823,000 after purchasing an additional 131,752 shares during the last quarter.

NYLI Candriam International Equity ETF Trading Down 0.3%

NYLI Candriam International Equity ETF stock traded down $0.13 during mid-day trading on Wednesday, hitting $38.30. The company’s stock had a trading volume of 137 shares, compared to its average volume of 17,536. The firm has a market capitalization of $245.12 million, a PE ratio of 17.66 and a beta of 0.81. NYLI Candriam International Equity ETF has a 1 year low of $31.41 and a 1 year high of $39.04. The stock’s fifty day moving average is $36.70 and its two-hundred day moving average is $36.24.

NYLI 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.