Short Interest in NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) Drops By 83.3%

NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) saw a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 1 shares, a drop of 83.3% from the June 15th total of 6 shares. Based on an average daily volume of 94 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of NYLI Global Equity R&D Leaders ETF

A hedge fund recently raised its position in NYLI Global Equity R&D Leaders ETF stock. Jane Street Group LLC increased its position in NYLI Global Equity R&D Leaders ETF (NASDAQ:WRND) by 6.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 18,059 shares of the company’s stock after acquiring an additional 1,099 shares during the quarter. Jane Street Group LLC owned about 8.21% of NYLI Global Equity R&D Leaders ETF worth $533,000 at the end of the most recent quarter.

NYLI Global Equity R&D Leaders ETF Trading Down 0.0%

NASDAQ:WRND traded down $0.00 during trading hours on Monday, reaching $42.06. The company had a trading volume of 83 shares, compared to its average volume of 690. NYLI Global Equity R&D Leaders ETF has a 52 week low of $32.56 and a 52 week high of $43.75. The firm has a market cap of $12.62 million, a price-to-earnings ratio of 16.77 and a beta of 1.00. The firm’s 50 day moving average price is $41.95 and its 200-day moving average price is $39.44.

NYLI Global Equity R&D Leaders ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, July 2nd. Stockholders of record on Tuesday, June 30th were paid a $0.1391 dividend. This is an increase from NYLI Global Equity R&D Leaders ETF’s previous quarterly dividend of $0.05. The ex-dividend date was Tuesday, June 30th. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.3%.

NYLI Global Equity R&D Leaders ETF Company Profile

The IQ Global Equity R&D Leaders ETF (WRND) is an exchange-traded fund that is based on the IQ Global Equity R&D Leaders index. The fund tracks an index that seeks to provide exposure to global large- and mid-cap companies that have high research and development spending, and attractive future growth potential. WRND was launched on Feb 8, 2022 and is managed by IndexIQ.