NYLI Candriam International Equity ETF (NYSEARCA:IQSI) Sees Significant Decrease in Short Interest

NYLI Candriam International Equity ETF (NYSEARCA:IQSI) was the recipient of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 822 shares, a decrease of 28.2% from the December 31st total of 1,145 shares. Based on an average daily volume of 3,209 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the company’s stock are short sold. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,209 shares, the days-to-cover ratio is currently 0.3 days.

NYLI Candriam International Equity ETF Price Performance

IQSI stock traded down $0.32 during midday trading on Friday, hitting $36.81. 2,974 shares of the stock traded hands, compared to its average volume of 8,269. The stock’s fifty day simple moving average is $35.48 and its 200-day simple moving average is $34.46. NYLI Candriam International Equity ETF has a 1-year low of $26.30 and a 1-year high of $37.35. The firm has a market cap of $224.54 million, a P/E ratio of 17.66 and a beta of 0.87.

Institutional Trading of NYLI Candriam International Equity ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Orion Porfolio Solutions LLC increased its position in shares of NYLI Candriam International Equity ETF by 301.9% during the second quarter. Orion Porfolio Solutions LLC now owns 175,393 shares of the company’s stock worth $5,823,000 after acquiring an additional 131,752 shares during the period. New York Life Investment Management LLC grew its stake in NYLI Candriam International Equity ETF by 1.4% during the 3rd quarter. New York Life Investment Management LLC now owns 5,046,991 shares of the company’s stock worth $171,769,000 after purchasing an additional 71,242 shares in the last quarter. Bank of America Corp DE purchased a new stake in NYLI Candriam International Equity ETF during the 2nd quarter worth about $1,990,000. Envestnet Asset Management Inc. increased its holdings in NYLI Candriam International Equity ETF by 65.4% during the 3rd quarter. Envestnet Asset Management Inc. now owns 147,447 shares of the company’s stock worth $5,018,000 after purchasing an additional 58,277 shares during the period. Finally, Seeds Investor LLC raised its position in NYLI Candriam International Equity ETF by 50.4% in the 2nd quarter. Seeds Investor LLC now owns 109,597 shares of the company’s stock valued at $3,639,000 after purchasing an additional 36,725 shares in the last quarter.

NYLI Candriam International Equity ETF Company Profile

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.