NYLIM Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) Sees Large Drop in Short Interest

NYLIM Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 108 shares, a decrease of 97.5% from the September 30th total of 4,340 shares. Based on an average daily trading volume, of 28,336 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s stock are short sold.

NYLIM Candriam U.S. Mid Cap Equity ETF Stock Up 0.2%

NYLIM Candriam U.S. Mid Cap Equity ETF stock traded up $0.10 during mid-day trading on Tuesday, reaching $38.98. 1,303 shares of the company’s stock were exchanged, compared to its average volume of 27,429. The company has a market cap of $374.26 million, a P/E ratio of 20.02 and a beta of 1.07. NYLIM Candriam U.S. Mid Cap Equity ETF has a twelve month low of $32.77 and a twelve month high of $40.88. The company has a fifty day moving average of $39.40 and a 200-day moving average of $37.88.

NYLIM Candriam U.S. Mid Cap Equity ETF Company Profile

The Iq Candriam ESG U.S. Mid Cap Equity ETF (IQSM) is an exchange-traded fund that is based on the IQ Candriam ESG U.S. Mid Cap Equity index. The fund tracks a market cap-weighted index that provides exposure to US mid-cap stocks that meet environmental, social, and corporate governance criteria. IQSM was launched on Oct 25, 2022 and is managed by IndexIQ.