NYLIM Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) Stock Short Interest Report for October

NYLIM Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) saw a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 527 shares, an increase of 388.0% from the October 15th total of 108 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 126,059 shares, the days-to-cover ratio is presently 0.0 days.

NYLIM Candriam U.S. Mid Cap Equity ETF Stock Down 1.2%

Shares of NYSEARCA:IQSM traded down $0.49 during midday trading on Thursday, hitting $39.53. The stock had a trading volume of 1,212 shares, compared to its average volume of 26,728. The company has a market cap of $434.83 million, a P/E ratio of 20.69 and a beta of 1.06. NYLIM Candriam U.S. Mid Cap Equity ETF has a 12 month low of $32.77 and a 12 month high of $40.88. The business’s 50-day simple moving average is $39.11 and its 200-day simple moving average is $38.08.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in NYLIM Candriam U.S. Mid Cap Equity ETF stock. New York Life Investment Management LLC bought a new position in shares of NYLIM Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) during the third quarter, according to its most recent Form 13F filing with the SEC. The fund bought 9,153,879 shares of the company’s stock, valued at approximately $351,912,000. NYLIM Candriam U.S. Mid Cap Equity ETF comprises about 2.4% of New York Life Investment Management LLC’s portfolio, making the stock its 7th biggest holding. New York Life Investment Management LLC owned about 83.22% of NYLIM Candriam U.S. Mid Cap Equity ETF as of its most recent SEC filing.

About NYLIM Candriam U.S. Mid Cap Equity ETF

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.