NYLIM Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSU) Sees Significant Decrease in Short Interest

NYLIM Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSUGet Free Report) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 15,660 shares, a decrease of 41.0% from the August 15th total of 26,550 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 15,066 shares, the days-to-cover ratio is presently 1.0 days.

NYLIM Candriam U.S. Large Cap Equity ETF Stock Performance

Shares of IQSU stock traded up $0.81 during trading on Thursday, hitting $62.46. 10,318 shares of the company were exchanged, compared to its average volume of 13,250. The firm has a market capitalization of $374.70 million, a price-to-earnings ratio of 26.80 and a beta of 1.06. The business’s 50-day simple moving average is $62.11 and its 200 day simple moving average is $59.13. NYLIM Candriam U.S. Large Cap Equity ETF has a twelve month low of $49.82 and a twelve month high of $63.47.

Institutional Investors Weigh In On NYLIM Candriam U.S. Large Cap Equity ETF

A hedge fund recently bought a new position in NYLIM Candriam U.S. Large Cap Equity ETF stock. Citadel Advisors LLC purchased a new position in NYLIM Candriam U.S. Large Cap Equity ETF (NYSEARCA:IQSUFree Report) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 22,282 shares of the company’s stock, valued at approximately $1,395,000. Citadel Advisors LLC owned about 0.41% of NYLIM Candriam U.S. Large Cap Equity ETF at the end of the most recent quarter.

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

(Get Free Report)

The IQ Candriam ESG US Equity ETF (IQSU) is an exchange-traded fund that is based on the IQ Candriam ESG US Equity index. The fund tracks a proprietary index of large-cap US stocks selected by ESG criteria and weighted by market capitalization. IQSU was launched on Dec 17, 2019 and is managed by IndexIQ.

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