NYLIM Candriam International Equity ETF (NYSEARCA:IQSI) Stock Short Interest Jumps 492.2%

NYLIM Candriam International Equity ETF (NYSEARCA:IQSI) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 26,359 shares, an increase of 492.2% from the August 31st total of 4,451 shares. Based on an average daily trading volume, of 13,973 shares, the short-interest ratio is currently 1.9 days. Currently, 0.4% of the shares of the company are short sold.

NYLIM Candriam International Equity ETF Stock Performance

Shares of NYLIM Candriam International Equity ETF stock traded up $0.42 on Friday, hitting $38.42. 367 shares of the company’s stock were exchanged, compared to its average volume of 14,798. NYLIM Candriam International Equity ETF has a 1 year low of $33.18 and a 1 year high of $39.63. The company has a 50-day simple moving average of $38.75 and a 200-day simple moving average of $37.79. The stock has a market capitalization of $268.94 million, a PE ratio of 17.66 and a beta of 0.81.

Hedge Funds Weigh In On NYLIM Candriam International Equity ETF

An institutional investor recently bought a new position in NYLIM Candriam International Equity ETF stock. Ascentis Independent Advisors purchased a new position in NYLIM Candriam International Equity ETF (NYSEARCA:IQSI) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 52,852 shares of the company’s stock, valued at approximately $1,863,000. Ascentis Independent Advisors owned approximately 0.83% of NYLIM Candriam International Equity ETF as of its most recent SEC filing.

NYLIM 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.