NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) Short Interest Down 98.7% in June

NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) was the recipient of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 6 shares, a decline of 98.7% from the May 31st total of 445 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 504 shares, the days-to-cover ratio is presently 0.0 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in NYLI Global Equity R&D Leaders ETF stock. Jane Street Group LLC boosted its position in NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) by 6.5% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,059 shares of the company’s stock after buying an additional 1,099 shares during the period. Jane Street Group LLC owned approximately 8.21% of NYLI Global Equity R&D Leaders ETF worth $533,000 as of its most recent filing with the Securities & Exchange Commission.

NYLI Global Equity R&D Leaders ETF Stock Performance

Shares of NASDAQ WRND traded up $0.00 during mid-day trading on Thursday, hitting $40.89. The stock had a trading volume of 31 shares, compared to its average volume of 739. The company has a 50 day moving average of $41.57 and a two-hundred day moving average of $39.02. NYLI Global Equity R&D Leaders ETF has a twelve month low of $32.35 and a twelve month high of $43.75. The firm has a market cap of $12.27 million, a PE ratio of 16.77 and a beta of 1.00.

NYLI Global Equity R&D Leaders ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, April 2nd. Shareholders of record on Tuesday, March 31st were paid a dividend of $0.0511 per share. This represents a $0.20 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, March 31st.

About NYLI Global Equity R&D Leaders ETF

The IQ Global Equity R&D Leaders ETF (WRND) is an exchange-traded fund that is based on the IQ Global Equity R&D Leaders index. The fund tracks an index that seeks to provide exposure to global large- and mid-cap companies that have high research and development spending, and attractive future growth potential. WRND was launched on Feb 8, 2022 and is managed by IndexIQ.