NYLI Candriam International Equity ETF (NYSEARCA:IQSI) Short Interest Up 195.0% in August

NYLI Candriam International Equity ETF (NYSEARCA:IQSI) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 3,841 shares, a growth of 195.0% from the July 30th total of 1,302 shares. Based on an average daily volume of 1,708 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.1% of the shares of the company are sold short.

NYLI Candriam International Equity ETF Stock Down 0.3%

Shares of NYSEARCA IQSI traded down $0.12 during mid-day trading on Friday, hitting $39.28. 906 shares of the company were exchanged, compared to its average volume of 15,573. The firm has a market cap of $274.96 million, a price-to-earnings ratio of 17.66 and a beta of 0.81. The stock has a 50 day simple moving average of $38.52 and a 200-day simple moving average of $37.70. NYLI Candriam International Equity ETF has a 1-year low of $33.10 and a 1-year high of $39.63.

Institutional Investors Weigh In On NYLI Candriam International Equity ETF

Institutional investors have recently added to or reduced their stakes in the company. Osaic Holdings Inc. raised its holdings in shares of NYLI Candriam International Equity ETF by 10,420.0% in the 2nd quarter. Osaic Holdings Inc. now owns 3,156 shares of the company’s stock worth $105,000 after purchasing an additional 3,126 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of NYLI Candriam International Equity ETF during the 4th quarter worth about $126,000. NewEdge Advisors LLC purchased a new stake in shares of NYLI Candriam International Equity ETF during the 1st quarter worth about $176,000. Flow Traders U.S. LLC acquired a new stake in NYLI Candriam International Equity ETF during the 3rd quarter worth approximately $306,000. Finally, Golden State Wealth Management LLC raised its holdings in NYLI Candriam International Equity ETF by 109.3% in the fourth quarter. Golden State Wealth Management LLC now owns 11,152 shares of the company’s stock valued at $392,000 after buying an additional 5,824 shares during the period.

About NYLI Candriam International Equity ETF

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.