NYLI U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND) Short Interest Down 83.7% in July

Posted by Joseph Casey on Jul 27th, 2026

NYLI U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND – Get Free Report) was the target of a large drop in short interest during the month of July. As of July 15th, there was short interest totaling 264 shares, a drop of 83.7% from the June 30th total of 1,621 shares. Based on an average daily trading volume, of 289 shares, the days-to-cover ratio is presently 0.9 days. Approximately 0.0% of the shares of the company are sold short.

Hedge Funds Weigh In On NYLI U.S. Large Cap R&D Leaders ETF

A hedge fund recently raised its position in NYLI U.S. Large Cap R&D Leaders ETF stock. New York Life Investment Management LLC boosted its holdings in shares of NYLI U.S. Large Cap R&D Leaders ETF (NASDAQ:LRND – Free Report) by 744.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,604,816 shares of the company’s stock after purchasing an additional 1,414,816 shares during the quarter. New York Life Investment Management LLC owned about 50.15% of NYLI U.S. Large Cap R&D Leaders ETF worth $65,420,000 at the end of the most recent quarter.

NYLI U.S. Large Cap R&D Leaders ETF Trading Up 0.7%

LRND traded up $0.29 during trading on Monday, hitting $44.03. The stock had a trading volume of 112 shares, compared to its average volume of 55,023. The firm has a market cap of $391.87 million, a PE ratio of 23.74 and a beta of 1.10. NYLI U.S. Large Cap R&D Leaders ETF has a 12 month low of $35.87 and a 12 month high of $46.16. The company has a 50 day simple moving average of $44.40 and a 200-day simple moving average of $41.64.

NYLI U.S. Large Cap R&D Leaders ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 30th were given a $0.0456 dividend. This is an increase from NYLI U.S. Large Cap R&D Leaders ETF’s previous quarterly dividend of $0.04. This represents a $0.18 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Tuesday, June 30th.

NYLI U.S. Large Cap R&D Leaders ETF Company Profile

(Get Free Report)

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.