Short Interest in NYLI Winslow Focused Large Cap Growth ETF (NYSEARCA:IWFG) Drops By 39.9%

NYLI Winslow Focused Large Cap Growth ETF (NYSEARCA:IWFG) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,331 shares, a decrease of 39.9% from the May 14th total of 3,879 shares. Based on an average daily volume of 929 shares, the short-interest ratio is presently 2.5 days. Approximately 0.2% of the company’s shares are sold short.

NYLI Winslow Focused Large Cap Growth ETF Stock Up 0.3%

Shares of NYSEARCA IWFG opened at $54.84 on Wednesday. NYLI Winslow Focused Large Cap Growth ETF has a 12 month low of $44.81 and a 12 month high of $56.28. The company has a market cap of $60.32 million, a price-to-earnings ratio of 43.64 and a beta of 1.15. The business has a fifty day simple moving average of $52.74 and a 200-day simple moving average of $51.63.

About NYLI Winslow Focused Large Cap Growth ETF

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.