NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) Short Interest Down 19.0% in January

NYLI Candriam U.S. Mid Cap Equity ETF (NYSEARCA:IQSM) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 5,374 shares, a decline of 19.0% from the December 31st total of 6,636 shares. Based on an average trading volume of 5,022 shares, the short-interest ratio is presently 1.1 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 5,022 shares, the short-interest ratio is presently 1.1 days.

NYLI Candriam U.S. Mid Cap Equity ETF Price Performance

Shares of IQSM traded up $0.25 during mid-day trading on Monday, reaching $35.99. The stock had a trading volume of 502 shares, compared to its average volume of 25,100. NYLI Candriam U.S. Mid Cap Equity ETF has a 52-week low of $26.78 and a 52-week high of $36.74. The business’s fifty day moving average is $35.38 and its 200 day moving average is $34.30. The firm has a market cap of $230.34 million, a price-to-earnings ratio of 20.02 and a beta of 1.21.

Hedge Funds Weigh In On NYLI Candriam U.S. Mid Cap Equity ETF

A number of hedge funds have recently modified their holdings of IQSM. Rossby Financial LCC purchased a new stake in NYLI Candriam U.S. Mid Cap Equity ETF in the 3rd quarter valued at about $111,000. Susquehanna International Group LLP purchased a new stake in shares of NYLI Candriam U.S. Mid Cap Equity ETF in the 3rd quarter valued at approximately $347,000. Finally, Seeds Investor LLC raised its stake in shares of NYLI Candriam U.S. Mid Cap Equity ETF by 55.8% in the 2nd quarter. Seeds Investor LLC now owns 77,010 shares of the company’s stock valued at $2,483,000 after acquiring an additional 27,575 shares during the period.

NYLI 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.